
Northern Ireland's Economic Output Rises 2.3%, but Businesses Flag Rising Costs
Output broadly equivalent to UK GDP grew in the year to June, even as firms warn about the pressure of increasing costs.

Output broadly equivalent to UK GDP grew in the year to June, even as firms warn about the pressure of increasing costs.

Northern Ireland's economic output, broadly equivalent to UK GDP, grew in the year to June, with local manufacturers citing global export demand.

The European Bank for Reconstruction and Development has lowered its 2026 growth forecast for Russia by 0.3 percentage points from its previous estimate in June, TASS reports.

Coal industry could contribute $42.7 billion to Russian GDP in nominal prices by 2050, according to projections.

The Paris-based organization also left its 2027 growth forecast for Italy unchanged while projecting inflation will ease over the period.
Commerce Department data show the strongest monthly retail sales growth in five months, with a key GDP-related measure jumping 1.4%.
French government forecasts show debt climbing from 119.3% of GDP in 2026 as the budget deficit remains elevated, according to a report by Anadolu Agency.
The World Trade Organization says splitting world trade along geopolitical lines could inflict lasting damage on the global economy, according to official figures cited by Anadolu Agency.
A report from The Guardian — Business sets out the main available details, with claims kept attributed to their sources.

A reported 7.8% growth rate for the latest quarter has drawn praise from the government and sharp criticism from economists who question the reliability of India's statistical methods.