Friday, May 13, 2011

THE CURRENT ECONOMIC GROWTH IN THE VARIOUS COUNTRIES AND CONTINENTS.

Gold and crude oil prices have decreased in the world markets. The prices rated at $1506.8 and $99.48 respectively may have been attributes of the reversed economic down trend in the world's major markets, particularly in the USA, Europe and Asia. Specification of the markets in the mentioned continents entailed the USA retail and the manufacturing sectors. Germany's retail, construction and the export sectors and finally China's overall leading economic growth in the Asian countries and in the world. However, the economic growth in the USA has increased by just a fraction percentage point. Germany's economic growth increased from fraction to one point two percent (1.2%) has been attributes of winter delay in various sectors, specially in the fields of construction and the retail market. China's economic growth has been at a double digit growth of about thirteen percent (13%) and it has been said to have been below the intended goal, despite China's current biggest economic growth, when compared to the world's major markets.

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