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JUST IN: Economy marginally improves in Q1

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JUST IN: Economy marginally improves in Q1

The latest GDP figures from the Namibia Statistics Agency (NSA) show that the domestic economy contracted by 0.1 percent in the first quarter of 2018. This indicates a continuation of the subdued demand for goods and services. However, this is a slight improvement compared to the first quarter of last year, when contraction was measured at -0.4 percent.