gross domestic expenditure

Boosted by increases in real final consumption by households and government, aggregate real gross domestic expenditure rose to 5.1% in the fourth quarter of 2011, the Reserve Bank said on Monday. "This rate of growth, the highest since the third quarter of 2010, primarily resulted from increases in real final consumption expenditure by the household sector and general government, alongside sustained firm growth in real gross fixed capital formation," the bank said in its March Quarterly … [Read more...] about Gross Domestic Expenditure Growth up to 5.1%