Market Pulse: Anticipating Digital Disruption
The government's second quarter (2Q17) GDP growth numbers of 5.01 percent was not much of a worry as it was just slightly below market expectation.
August 22, 2017
The government's second quarter (2Q17) GDP growth numbers of 5.01 percent was not much of a worry as it was just slightly below market expectation. However, the weakness of some GDP growth drivers- more specifically household consumption and even weaker export performance- were more concerning, raising considerable doubt on the sustainability of the current economic recovery. Offsetting this drop has been a rise in investments, driven in part, by
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