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FINANCIAL NEWS
Jordan’s economy posts 3% growth in Q1
28 Jun 2012
(MENAFN) Jordan’s Department of Statistics announced that during this year’s first quarter, the Kingdom’s economy expanded by 3 percent, reported Xinhua News.
The agency added that the hotels and restaurants sector posted the highest growth rate, at 14.2 percent, followed by electricity and water, with an 8.9-percent expansion.
Moreover, the services sector grew by 8 percent, whereas the transport and telecom sector recorded a 4.3-percent gain during the mentioned period.
It is worth noting that in last year’s same period, Jordan’s gross domestic product (GDP) expanded by 2.3 percent.
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