Sentences with phrase «economic output fell»

In Greece alone economic output fell by roughly 20 per cent since the beginning of the crisis.

Not exact matches

Oil output in Venezuela , a member of the Organization of the Petroleum Exporting Countries (OPEC), has fallen from almost 2.5 million barrels per day (bpd) to just around 1.5 million bpd currently due to political and economic turmoil in the South American country.

His comments, made to the U.K.'s Daily Mail, came on the same day as a «raft of dismal economic news from around the world, with manufacturing output falling in Britain and Europe, unemployment jumping in the eurozone and America, and fast - emerging economies such as Brazil and China showing signs of running out of steam.»

Last fall, confronted with the prospect of global economic stagnation, the G20 recommended a major global infrastructure initiative to raise global output by 2 per cent over the next five years.

As citizens flee for the mainland from the storm damage, output will likely fall and further decelerate the economic recovery.

U.S. consumer prices were unchanged in July on falling gasoline costs, but solid gains in industrial output and home building suggested a pickup in economic activity that could allow the Federal Reserve to raise interest rates this year.

As you can tell from the far right column above, the main reason that OPEC's January output fell by 8,100 barrels per day from revised December figures was the decrease of 47,300 barrels per day in output from Venezuela, which is suffering from the effects of economic sanctions imposed by the US.

An economic principle whereby the per unit cost of producing each unit of output falls as the volume of production increases.

IEA releases Oil Market Report for January As oversupply, mild temperatures and grim economic news check growth demand, non-OPEC output falls year - on - year for first time since 2012 19 January 2016

We know which economic indicators to watch for signs of an economic recession, such as declining industrial output, rising unemployment, or falling consumer confidence, but we do not follow a similar set of indicators that signal civilizational collapse.

After the fall of communism in the early 1990s led to economic depression in much of Eastern Europe and the former Soviet Union, carbon output in those countries fell like a stone.

As the climate changes, global economic output will fall, but most of those economic damages can be avoided with smart policy.