Your English writing platform
Discover LudwigExact(6)
The economy entered a technical recession in the first quarter of the year, with GDP declining 0.3%, following a 0.4% drop in the final quarter of 2011.
Recent forecasts by the European Commission project the euro zone's GDP declining by 0.3% this year, and then growing by 1% in 2013.
The troika now think the economy will do worse in 2014 than their April forecast, with GDP declining by 4.8% rather than by 3.9%.
Such fiscal tightening will lead to economic conditions in 2013 that will probably be considered a recession, with real GDP declining by 0.5 percent between the fourth quarter of 2012 and the fourth quarter of 2013 and the unemployment rate rising to about 9 percent in the second half of calendar year 2013.Actually, the recession would probably be worse.
Now, he is one of the five who sees GDP declining through the end of 2009".
He sees the GDP declining somewhat but I have to disagree with his bullish take on oil - I don't see the $60s without some sort of crisis.
Similar(54)
The sector's contribution to the GDP declined by £41m.
"So what if year-over-year GDP declines below 2%," they'll say.
Third quarter GDP declined 0.5%, and industrial output fell a full percentage point.
GDP declined by 2.1% year-on-year.Industrial output in Germany was 0.6% higher in January than in December.
Russian gross domestic product (GDP) declined by 12% in 1993, after an approximate 20% drop in 1992.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com