Your English writing platform
Discover LudwigSuggestions(1)
Exact(1)
The setback pulled down the 20-year nominal annual rate of return, monitored in terms of Singapore dollars, from 5.8% to 4.4%, the lowest reading since 2001.
Similar(58)
Nominal annual rates of bank retreat, averaged over the 68-year period, for several example locales along the study reach are very low, ranging from 3 to 15 cm per year.
Optimists note that consumer spending is unlikely to slow as long as hourly wages are perking along at a nominal annual pace of about 4percentt, about 1.5 percentage points above the inflation rate.
Most loan terms mention the "nominal annual interest rate," but you probable aren't paying your loan off in annual installments.
As a result, nominal GDP has grown at an annual rate of less than 4% since output bottomed in the third quarter of 2001, compared with an average 9% rate in the two years after the previous eight recessions ended.
During 1997 nominal GDP grew at a 6% annual rate.
"Stripping out these two factors, nominal incomes declined at a 5.9% annual rate as compensation declined at a 2.9% pace and most categories of asset income performed abysmally," said Michael Feroli, senior U.S. economist at JPMorgan Chase.
In a sign of renewed investor confidence in Argentina, the government sold $350 million in three-month treasury bills on Tuesday at a nominal annual interest of 6.75percentt -- the lowest rate in well over a year.
The GDP data for the third quarter released last week showed that real spending on health care fell for the second consecutive quarter and that nominal spending grew at just a 0.5percentt annual rate.
He estimates that nominal world growth is falling at a 1.1percentt annual rate this year and will stay negative next year.
Although consumer prices are not yet rising, the economy is now growing in both real and nominal terms: real GDP, indeed, grew at an annual rate of 6.4% in the fourth quarter of 2003.
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