Recession clings, agriculture in trouble
Namibia’s economy grew by -0.2% in the second quarter of this year, according to GDP data just released by the Namibia Statistics Agency (NSA).
In the first quarter of 2018, the economy also grew by -0.2%, revised NSA figures show. The NSA’s preliminary figure for the first quarter was -0.1%.
According to NSA, agriculture grew by -1.1% in the past quarter, the first contraction since the fourth quarter of 2016.
Read the full report tomorrow in Market Watch.
In the first quarter of 2018, the economy also grew by -0.2%, revised NSA figures show. The NSA’s preliminary figure for the first quarter was -0.1%.
According to NSA, agriculture grew by -1.1% in the past quarter, the first contraction since the fourth quarter of 2016.
Read the full report tomorrow in Market Watch.
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