Real Estate, Renting & Business Activities (RERBA) slows down
RERBA expanded by
4.7 percent growth in the first quarter of 2018, slower than the 7.0 percent growth posted in the same period in 2017. The growth was driven by Renting and other Business Activities which grew by 5.3 percent as compared with 11.0 percent in the previous year.
Ownership of Dwelling improved to
3.1 percent from 2.8 percent growth in the first quarter of 2017. On the other hand, Real estate slowed down to 5.7 percent as compared with the 6.3 percent growth in the previous year.