This economic indicator contracted 5.6% in July; respite unlikely in August either
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HomePhotoBT NEWSFLICKS This economic indicator contracted 5.6% in July; respite unlikely in August either
This economic indicator contracted 5.6% in July; respite unlikely in August either
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EAI-GDP index also contracted 5.9 per cent YoY in July, worse than the 3.3 per cent decline a month ago. Muted growth in government consumption and sluggish decline in imports led to faster contraction in EAI-GDP in July.