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Jordanian economy grew by 2.9% in Q2 2012

  • Jordan: Wednesday, October 03 - 2012 at 02:14

According to a report by Jordan's Department of Statistics, the kingdom's economy continued to grow at a slow pace at around 3% by the end of June this year, Jordan Times has reported. The gross domestic product expanded to 2.9% in the second quarter of the year, compared with 2.4% during the same period of 2011. The hospitality sector, hotels and restaurants, as well as the wholesale and retail sectors registered the highest growth rate in the second quarter of this year at 10.2%, followed by transportation and telecoms at 7.6% and electricity and water sectors at 6.3%, the data showed.

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