Country Economic Forecasts - Mozambique
Mozambique’s slowdown in economic activity continued during the third quarter of this year, as preliminary data indicates that the economy expanded by 2.0% y-o-y in Q3 2019 (the Q2 number was 2.3%). On a cumulative basis, the economy grew by 2.3% y-o-y over the first three quarters of the year. Considering the latest national accounts release, we maintain our economic growth forecast of 2.2% for this year.
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