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Household consumption still weak, but private sector capex shows revival

Capital investment in the country showed strong growth the March quarter of 2022-23 and also for the entire financial year, according to data from the National Statistical Office (NSO).


Analysts and government officials said that this points to a strong rebound in private investment, after two years of the Covid-19 pandemic, on top of the ongoing public sector capex.

Household consumption, however, was weak for the entire year and…

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