Macro Update - 3Q GDP growth surprises on the upside
  • 2015-10-05T00:00:00
  • Macroeconomics
GDP growth ramped up to 6.81% in 3Q15, the highest 3Q growth over the past five years. Manufacturing re-affirmed the pivotal role in spurring growth as the wave of production shift from electronics MNCs helped to abate negativity from stalled global trade. Meanwhile, the economy gained more momentum from construction, retail sales and hospitality services.