Q3 growth likely slower

Q3 growth likely slower – analysts

Nov 04, 2024 12:22 am

SUBDUED public and private spending could have weighed on third-quarter economic growth, analysts said, putting the 2024 target at risk.

All but two of nine estimates issued by economists and research units projected July-September gross domestic product (GDP) growth lower than the second quarter's 6.3 percent, with the median of 5.7 percent below the government's full-year goal of 6.0 to 7.0 percent.

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