NationStates Jolt Archive


EOTED (Real-Figure) Economic Growth Falls by 0.1%

Ma-tek
25-11-2003, 21:33
NENYA, Tuesday - As the number of nations falling into recession increases and the threat of Earth-wide recession looms large, ITC officials today reported that the projected annual (real-figure) economic growth (based on GNP growth and CFI figures) has been revised downwards by 0.1%. Inflation is expected to remain steady, thanks to the recent quarter-percent interest rate hike and rising consumer confidence in Ax-turath.

ITC spokesman Urlik ux-Rihad commented Tuesday, "The stability of the EOTED market continues to prove the point of the progenitors of the EOTED planned/open hybrid market-system; the future continues to look bright for the Imperial Trade Conglomerate."

~ Excerpted from the INN Financial News Mesh-site