General government’s real gross fixed capital formation (GFCF) grew by 5.9% (seasonally adjusted annualised rate—saar) in the fourth quarter of 2014 while public corporations’ capital formation registered and increase of 2.5% q/q saar. This meant that total public sector real GFCF was 4.1% higher in the fourth quarter which was down on the 4.7% growth recorded in the previous quarter. Capital formation by private business enterprises again grew much slower than public sector investment in the fourth quarter, rising by 1.7% (saar) bringing the growth in total private sector investment to -3.4% in 2014.
Quantec News
About Quantec
Quantec is a consultancy providing economic and financial data, country intelligence and quantitative analytical software.
Recent news
EViews 14 released - 25 Jun 2024