Core Viewpoint - The GDP of Futian District in Shenzhen reached 295.315 billion yuan in the first half of the year, reflecting a year-on-year growth of 7.9% [1] Economic Performance - The financial sector in the district experienced rapid growth, with an added value increasing by 16.0% year-on-year [1] - Market sales showed positive trends, particularly in essential consumer goods, which remained stable overall [1] Retail Sector Insights - Retail sales of daily necessities in above-designated size enterprises grew by 5.3% [1] - Categories related to trade-in programs saw significant growth, with retail sales of household appliances and audio-visual equipment increasing by 38.2%, and cultural and office supplies rising by 63.3% [1]

Core Viewpoint - Moody's analysis indicates that Indonesia's GDP growth is expected to slow from 4.9% in the first quarter to 4.6% year-on-year in the second quarter, marking the weakest result since September 2021 [1] Economic Outlook - The anticipated GDP growth of 4.6% will be the lowest since the economic contraction caused by COVID-19 lockdowns in September 2021 [1] - Moody's forecasts a GDP growth of 4.7% for 2025, which is below the government's target of 5% [1] Contributing Factors - Global trade tensions are likely to exert pressure on exports [1] - Declining consumer confidence, slowing industrial activity, and high unemployment rates are expected to weigh on domestic economic performance [1] Upcoming Data - GDP data is scheduled to be released on Tuesday [1]

Core Insights - Zimbabwe's GDP reached 335 billion Zimbabwean dollars in Q1 2025, up from 299 billion in Q4 2024, driven by growth in agriculture, electricity, information communication, and financial insurance sectors [1] Sector Performance - Agriculture grew by 18.8%, electricity by 6.1%, and both information communication and financial insurance sectors increased by 4.3% [1] - Conversely, mining, accommodation and food services, and water supply sectors saw declines of 21.6%, 24.1%, and 12.3% respectively [1] Contribution to GDP - Manufacturing was the largest contributor to GDP in this quarter, accounting for 15%, followed by mining at 12.4%, agriculture at 11.7%, wholesale and retail at 11.6%, and financial insurance at 11.2% [1]

Economic Growth - Côte d'Ivoire's GDP reached 11.95 trillion CFA francs (approximately 21 billion USD) in Q1 2025, reflecting a year-on-year growth of 8.5% [1] - The primary sector grew by 4.3%, contributing 0.6 percentage points to overall economic growth, with notable increases in fisheries, agricultural exports, agricultural services, and livestock [1] - The secondary sector experienced a growth of 7.5%, contributing 1.7 percentage points, particularly driven by significant growth in mining and oil and gas extraction [1] - The tertiary sector remained the main driver of economic growth, with a year-on-year increase of 7.7%, contributing 4.1 percentage points, with vibrant industries including finance and insurance, information and communication, trade, and repair services [1] Tax Revenue - Tax revenue in Côte d'Ivoire increased by 20.9% year-on-year in Q1 2025, indicating strong fiscal performance [1]

Economic Performance - Zhuhai's GDP for the first half of the year reached 224.365 billion yuan, with a year-on-year growth of 3.8% [1] - The primary industry added value was 3.004 billion yuan, growing by 3.7%; the secondary industry decreased by 1.3% to 91.755 billion yuan; the tertiary industry increased by 7.4% to 129.606 billion yuan [1] Industrial Growth - The industrial output value above designated size in Zhuhai grew by 5.5% year-on-year, with an increase of 0.7 percentage points compared to the first quarter [1] - The "4+3" industries saw an increase of 7.2%, with high-end equipment manufacturing, integrated circuits, new energy, and new generation information technology growing by 17.9%, 16.4%, 16.0%, and 15.2% respectively [1] Service Sector - The service sector's added value increased by 7.4%, with information transmission software and IT services growing by 12.1% and leasing and business services by 10.7% [2] - From January to May, the revenue of the service sector above designated size reached 69.681 billion yuan, a year-on-year increase of 10.7% [2] Consumer Market - The total retail sales of social consumer goods in Zhuhai reached 46.946 billion yuan, growing by 5.0% year-on-year [2] - Retail sales of daily necessities increased by 9.3%, with home appliances and audio-visual equipment sales growing by 40.9% and communication equipment by 131.9% [2] Foreign Trade - Zhuhai's total import and export volume reached 168.265 billion yuan, a year-on-year increase of 8.9%, marking a historical high for the same period [2] - Exports totaled 115.417 billion yuan, growing by 4.7%, while imports increased by 19.5% to 52.848 billion yuan [2] Investment Trends - Fixed asset investment in Zhuhai decreased by 38.4% year-on-year, with industrial investment down by 28.0% [3] - Industrial technological transformation investment grew by 10.3%, while infrastructure investment fell by 40.6% and real estate development investment decreased by 42.1% [3] Agricultural Developments - The primary industry saw a year-on-year growth of 4.9%, with fishery output valued at 5.072 billion yuan, accounting for 76.9% of the total agricultural output [3] - Notable projects include the establishment of the first modern marine ranch in the country and the launch of the world's first deep-sea aquaculture vessel [3]

Core Viewpoint - The rebound in Canada's GDP for June indicates a solid foundation for economic improvement in Q3, despite a projected contraction in Q2 [1] Economic Performance - Official data shows a 0.1% decline in GDP for May, consistent with the previous month's decrease [1] - The GDP for June is expected to grow by 0.1% when broken down by industry, suggesting a projected annualized decline of 0.2% for Q2 [1] Contributing Factors - The decline in May was attributed to temporary factors, such as equipment upgrades in the energy sector's refining industry [1] - A downturn in the public administration sector was noted, seen as a correction following growth in April due to elections [1] Future Outlook - Despite the anticipated contraction in Q2, the company does not expect a similar situation to occur in Q3 [1]

加拿大5月GDP同比增长1.2%，预期为1.1%，前值为1.3%。 ...

金十数据7月31日讯，周四公布数据显示，加拿大5月GDP环比下降0.1%符合预期，但部分行业复苏有 望推动6月经济回升。加拿大统计局初步预估，6月GDP或环比增长0.1%，这意味着二季度年化增长率 可能达到0.1%。这一预期增长与多数机构预测的萎缩前景相悖，最终数据将于下月公布。统计显示，5 月经济下滑主要受零售贸易板块拖累，该板块萎缩1.2%，12个子行业中有7个出现收缩。占GDP总量 75%的服务业整体持平，其中房地产和运输业增长抵消了零售业下滑。占经济总量25%的商品生产行业 中，采矿、采石及油气开采板块表现最弱，当月萎缩1%。不过制造业环比增长0.7%，扭转4月1.8%的跌 势，统计机构称库存增加是主要推动因素。 加拿大5月GDP环比微降0.1% 二季度或可避免经济萎缩 ...

智通财经7月31日电，香港二季度GDP同比增长3.1%，预估为2.8%；环比增长0.4%，预估为0.1%。 ...

Core Insights - The apparent growth in the US GDP for Q2 is misleading, primarily due to a significant drop in imports which artificially inflated the overall data, masking a slowdown in domestic demand [1][2][4] - Morgan Stanley's report indicates that the Q2 GDP grew at an annualized rate of 3.0%, surpassing market expectations of 2.5%, but this figure is heavily distorted by trade fluctuations [2][4] Domestic Demand and Consumption - The core indicator of domestic economic strength, private final domestic purchases, saw a sharp decline in growth from 2.7% the previous year to 1.2%, indicating a cooling in both household consumption and business investment [5] - Consumer spending showed a modest recovery, with actual personal consumption rising from 0.5% in Q1 to 1.4% in Q2, yet it remains significantly below 2024 levels [5] Investment Trends - Non-residential fixed investment growth significantly slowed in Q2, with construction investment declining by 10.3% following a 2.4% drop in Q1, and residential investment also fell by 4.6% [6] - Unexpectedly, business investment related to artificial intelligence underperformed expectations, with declines in power plant investments and a slowdown in data center and IT investments [6] Economic Outlook - Despite the better-than-expected Q2 GDP data, Morgan Stanley maintains a forecast of economic slowdown, predicting that the negative impacts of restrictive trade and immigration policies will outweigh the benefits from fiscal policy and deregulation [7] - The forecast for Q4 2025 shows a year-on-year growth rate of 1.0%, with 2026 growth expected at 1.1%, significantly lower than the strong performance anticipated in 2024 [7]