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GDP surprises with 2% expansion

By Janice Roberts at New Media
5 December 2017 • 1 min read

By Jason Muscat, FNB Senior Economic Analyst.

3Q17 GDP expanded by a robust 2% q/q, ahead of consensus forecasts, but below our bullish call. 2Q17 GDP was upwardly revised to 2.8% q/q from 2.5. Growth was almost entirely driven by the agriculture, mining and manufacturing sectors, which expanded by 44.2% q/q, 6.6% and 4.3% respectively, making up 1.9pps of the quarterly figure. (more…)


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