Logo 16 Apr 2025

Economic activity surges throughout March

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Household consumption picked up last month.
Per data released by the stats bureau (NBS) on Wednesday, in March:

Retail sales grew 5.9% y/y, a large jump from the 4% growth seen throughout the first two months of the year
Service sales increased 5.3% y/y, up from 4.9%

On a seasonally adjusted month...