Tuesday, December 1, 2009

GDP at 7.9% in Q2

Monday showed the gross domestic product (GDP) grew by 7.9% in Q2 September 2009, from 7.1% in the
previous year, as stimulus measures boosted demand and manufacturing activity surged. The economy had
registered a 6.1% growth in the first quarter.

The bulk of the recovery was led by a 9.2% growth in manufacturing, 9.5%  in mining and 6.5% in construction. But agriculture continued to me a major drag with a mere 0.9% growth.

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