Namibia’s GDP growth slows to 5.7 pct in 2015

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WINDHOEK (Reuters) – Namibia’s economy grew by 5.7 percent in 2015 compared with a revised 6.3 percent expansion in 2014, data on the statistics agency’s website showed on Thursday.

The manufacturing sector is estimated to have declined by 7.1 percent during 2015, while mining industry recovered, shrinking by only 0.1 percent compared to 6.2 percent decline in the previous year, Namibia Statistics Agency said.

 

(Writing by Mfuneko Toyana; Editing by Olivia Kumwenda-Mtambo)

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