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GDP Growth Rate | Notes
The GDP Growth Rate shows a percentage change in the seasonally adjusted GDP value in the certain quarter, compared to the previous quarter. Because of climatic conditions and holidays, the intensity of the production varies throughout the year. This makes a direct comparison of two consecutive quarters difficult. In order to adjust for these conditions, many countries calculate the quarterly GDP using so called seasonally adjusted method. The Gross Domestic Product can be determined using three different approaches: the product, the income, and the expenditure technique, which should give the same result. In sum, the product technique sums the outputs of every class of enterprise. The expenditure technique works on the principle that every product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying products and services. The income technique works on the principle that the incomes of the productive factors must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes.


RELATED NEWS

Honduras Gold Reserves at 0.68 Tonnes  
Gold Reserves in Honduras remained unchanged at 0.68 Tonnes in the fourth quarter of 2013 from 0.68 Tonnes in the third quarter of 2013. Gold Reserves in Honduras is reported by the World Gold Council.
Honduras Exports at 368.56 USD Million  
Exports in Honduras increased to 368.56 USD Million in December of 2013 from 282.52 USD Million in November of 2013. Exports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Imports at 823.61 USD Million  
Imports in Honduras increased to 823.61 USD Million in December of 2013 from 807.01 USD Million in November of 2013. Imports in Honduras is reported by the Consejo Monetario Centroamericano.
Honduras Changes in Inventories at 2629.30 HNL Million  
Changes in Inventories in Honduras decreased to 2629.30 HNL Million in 2012 from 4803.70 HNL Million in 2011. Changes in Inventories in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Price Index (CPI) at 272.40 Index Points  
Consumer Price Index (CPI) in Honduras increased to 272.40 Index Points in March of 2014 from 270.80 Index Points in February of 2014. Consumer Price Index (CPI) in Honduras is reported by the Banco Central De Honduras.
Honduras Consumer Spending at 125668.30 HNL Million  
Consumer Spending in Honduras increased to 125668.30 HNL Million in 2012 from 122124.10 HNL Million in 2011. Consumer Spending in Honduras is reported by the Banco Central De Honduras.
Honduras GDP Constant Prices at 172369.50 HNL Million  
GDP Constant Prices in Honduras increased to 172369.50 HNL Million in 2012 from 165761.40 HNL Million in 2011. GDP Constant Prices in Honduras is reported by the Banco Central De Honduras.
Honduras Government Spending at 24509.80 HNL Million  
Government Spending in Honduras increased to 24509.80 HNL Million in 2012 from 23236.60 HNL Million in 2011. Government Spending in Honduras is reported by the Banco Central De Honduras.
Honduras Gross Fixed Capital Formation at 87889.40 HNL Million  
Gross Fixed Capital Formation in Honduras increased to 87889.40 HNL Million in 2012 from 84100.50 HNL Million in 2011. Gross Fixed Capital Formation in Honduras is reported by the Banco Central De Honduras.
Honduras Gross National Product at 160799.30 HNL Million  
Gross National Product in Honduras increased to 160799.30 HNL Million in 2012 from 156697.60 HNL Million in 2011. Gross National Product in Honduras is reported by the Banco Central De Honduras.
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LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
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