Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
July 30, 2019
Looking at prospects for 2019 and 2020, GDP growth is expected to be marginally negative at -0.1% in 2019, rising to 1.3% in 2020. As far as other GDP components go, government consumption expenditure growth should decelerate to -0.8% in 2019 compared with 1.9% recorded in 2018. Unfortunately, negative fixed capital formation growth is likely to accelerate and to reach -2.6% in 2019 after -1.4% was recorded in 2018.
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