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5
January 2018
 |
GDP (The Total Investment
& Insurance Solutions)
Central Statistics Office (CSO) has pegged the GDP growth
rate during the FY2017-18 at 6.5% in its first advance estimates as compared to
GDP growth rate of 7.1% in FY2016-17 at basic constant prices of 2011-12.
According to CSO, GVA is expected to grow at 6.1% during FY2017-18 against 6.6% in FY2016-17 at basic constant prices of 2011-12.
'Public administration, defence and other services’, ‘Trade, hotels, transport, communication and services related to broadcasting’, ‘Electricity, gas, water supply and other utility services’ and 'Financial, real estate and professional services' are expected to grow above 7% in FY2017-18.
According to CSO, GVA is expected to grow at 6.1% during FY2017-18 against 6.6% in FY2016-17 at basic constant prices of 2011-12.
'Public administration, defence and other services’, ‘Trade, hotels, transport, communication and services related to broadcasting’, ‘Electricity, gas, water supply and other utility services’ and 'Financial, real estate and professional services' are expected to grow above 7% in FY2017-18.
On the other hand, ‘Manufacturing’, and ‘Construction’ are estimated to grow at 4.6% and 3.6%, respectively in FY2017-18. The growth rate for ‘Agriculture, forestry and fishing’ and ‘Mining and quarrying’ are expected to be 2.1% and 2.9%, respectively in FY2017-18.The Total Investment & Insurance Solutions
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