Slow fourth quarter economic growth expected - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Economic growth is expected to have slowed significantly in the fourth quarter of 2022 on the back of intense rolling blackouts, a rise in the cost of living, high interest rates and elevated levels of inflation. RollingBlackouts LoadShedding

Most economists say they expect that growth would have stalled in the fourth quarter and expanded by between two and two-point-five percent for the full year of 2022.Chief economist at Econometrix, Azar Jammine, says the mining and manufacturing sectors are expected to have weighed in on economic growth in the fourth quarter.

“Essentially, we have received fairly weak data with regard to mining and manufacturing production, and the retail sales have also not been great. So, there is a chance that the GDP for the fourth quarter of 2022 will come in negative, which is a contrast to the unexpectedly strong six percent growth of the third quarter of 2022.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 37. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama