Markets.News
As per recent data, the growth rate of the economy has shown a significant rise to 5.2%, marking a substantial increase from the previous quarter's 3.8%. This growth surge has been attributed to a boost in consumer spending by 7.6%, in contrast to the 4.3% reported previously. Additionally, the industrial sector experienced a notable upturn of 6.9%, a substantial leap from the 2.5% recorded in the last quarter. Furthermore, exports witnessed a 10% increase, significantly higher than the 6.2% previously reported. Analysts attribute this growth to a combination of factors, including increased government investment and improved global economic conditions.