Real Estate, Renting & Business Activities (RERBA) slows down
RERBA posted a
3.7 percent growth in the second quarter of 2018, slower than the 8.1 percent growth recorded in the previous year. The growth was driven by Renting and Other Business Activities which grew by 3.6 percent. Likewise, Ownership of Dwellings accelerated to 3.2 percent from the 2.9 percent growth in the same quarter of the previous year.
Meanwhile, Real Estate slowed down to
4.5 percent from 12.9 percent recorded in the second quarter of 2017.