Real Estate, Renting & Business Activities (RERBA) slows down
RERBA expanded by 3.3 percent growth in the fourth quarter of 2019, albeit slower than the 4.1 percent growth posted in the same period of 2018. The growth was driven by Real Estate which grew by 5.3 percent as compared with the 4.3 percent growth in the previous year.
Renting and Other Business Activities grew by 2.3 percent growth as compared with the 4.3 percent growth in the previous year. On the other hand, Ownership of Dwellings grew by 3.3 percent from 3.4 percent growth in the fourth quarter of 2018.
see more Infographics