Home building, household spending strong
The economy is slowing, but the second half of the year should be better, with robust home building and spending in shops looking set to continue a good run, latest figures show.
Sunday, September 28th 2003, 5:09AM
by The Landlord
The result was the weakest quarterly growth in three years, taking the annual rate to 4 per cent.
That was slower than the 4.4 per cent in 2002, though some economists expect a rebound in the second half of this year as tourism recovers and industry picks up from the power crisis.
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