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The GDP growth rate in real terms during the second quarter of 2020 is negative and it is estimated at -11.9% over the corresponding quarter of 2019. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at -11.9% according to a Flash Estimate announced by the Statistical Service (CyStat) on Friday. The negative GDP growth rate is mainly attributed to the sectors of “Hotels and Restaurants”, “Manufacturing”, “Construction”, ” Transport, Storage and Communication”, “Wholesale …
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