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GDP Up 2.2% yoy In September.

GDP Up 2.2% yoy In September.

15 November 2008

Cumulative GDP Reached 2.8% yoy during the same period. Concorde Capital: Cumulative GDP growth has remained stable for the last two months, which could be considered a sign of economic stabilization. November and December traditionally lift the national GDP, so we expect sizeable improvement by the end of the year, especially when we take into account the low comparison base to 2004?s final quarter. Our 2005 forecast remains at 5.0%.

 

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