at them but is how it is important. we look at them but we is how it is important. we look at them but we don t - is how it is important. we look at them but we don t read - is how it is important. we look at them but we don t read too | at them but we don t read too much into them because we do see revisions come through but what is important about this one is it will influence the bank ofjapan, i believe, when they come to talk about the change, potential change in their policy in the next policy meeting. and, of course, the boj and the mof having a very close eye on the markets at the moment, the last time i looked, the dollar was trading at 150. this is one contributing factor. but it looks as if there will be a positive move in the gdp numbers and expansion from that further surprising collapse in the last quarter. consensus is thus .2% for the quarter on quarter number we should be about 1.1% for the year and i think anything over that will be actually very positive
then yes, it becomes harder. let s now turn to vicky pryce. then yes, it becomes harder. let s now turn to vicky pryce. it s - then yes, it becomes harder. let s now turn to vicky pryce. it s good to see you. when rachel reeves is talking economics, she of course knows what she s talking about so she has a lot of credibility there. is it that her approach is, we need to invest and now in order to deal with our productivity problem in the uk and to get the economy growing? yes, and it makes a lot of sense but what we know is that this takes quite some time to have an impact. of course, you can change the conditions within which companies operate, give it a little bit more in times of tax help which is what jeremy hunt has already done and encourage that investment happened. so i presume they will continue with a lot of the policies that have been prevented already by the conservative government. but there could be other measures that they can facilitate, so for example, we d
of negative growth or shrinking. the office for national statistics is publishing its economic health check for the final three months of the year. prime minister rishi sunak said growing the economy was one of his five key priorities. if the economy grew in oh, then the uk avoided recession. joining me now is guillermo felices, global investment strategist at pgim fixed income. welcome to the programme. what are we expecting? 50. welcome to the programme. what are we expecting? are we expecting? so, we expect the uk gdp are we expecting? so, we expect the uk gdp to are we expecting? so, we expect the uk gdp to stay are we expecting? so, we expect the uk gdp to stay flat are we expecting? so, we expect the uk gdp to stay flat in - are we expecting? so, we expect the uk gdp to stay flat in 04. - the uk gdp to stay flat in 04. that essentially means that the growth rate will be 0%. given the contraction that we saw in the contraction that we saw in the previous month,
economy slipped into recession. one presidential candidate has claimed victory in indonesia s elections. asia s largest economy. hello and welcome to asia business report. turning our attention to japan as we receive some numbers as the country has slipped into a recession, based on newly released growth figures that we were anticipating. for the final three months of the year, this could meanjapan has lost its spot as the world s third largest economy. behind us in dollar terms. it s not very helpful, to be honest. this was an important release because it is a factor in the bank ofjapan s decision to raise rates or not. talked about for a long time and i think generally it had been a positive number but you know japan has slipped into a recession now, we seen figures, admittedly this is before revision, there won t be revision to these numbers will be revision to these numbers, falling behind germany on output it is a us dollar base and the yen is extremely weak at the mo