GDP growth slows to 1.6 pct in Q3

2018-11-22 07:32
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Macau’s gross domestic product (GDP) grew a mere 1.6 percent year on year in the third quarter in real terms, the Statistics and Census Bureau (DSEC) said in a statement yesterday.

It was the lowest growth rate since the third quarter of 2016. 

According to the statement, the economy grew at a slower pace, mainly due to a continuous decline in construction investment and a notable slowdown in growth of exports of services.

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