Is your debt dragging the economy down? ...Middle East

One of the biggest factors behind the economic growth falling to a six-year low is the sharp deceleration in private consumption, which had been one of the biggest drivers of growth (government spending, investment and exports are the other three) over the past few years. Private consumption grew just 3.1% (year-on-year) from April to June, down from 7% in the previous quarter (on a quarter-on-quarter basis, it contracted 6.7%).

Hence then, the article about is your debt dragging the economy down was published today ( Wednesday 11/09/2019 - 07:10 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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