The Gross Domestic Growth in the second quarter was better than 5.2 percent of the same period last fiscal but was slower than 5.7 percent rate achieved in April-June quarter of current fiscal. There were expectations that September quarter growth would fall to 5-5.1 percent range.
    
According to data released here today by the Central Statistics Office (CSO), the economic growth in first half (April-September) of this fiscal was 5.5 percent as compared to 4.9 percent in the same period in 2013-14.
    
The mining sector grew by 1.9 percent in July-September quarter compared a flat output in same period year-ago. During April-September, the sector grew by 2 percent compared a contraction of 2 percent in corresponding period of 2013-14.
    
However, manufacturing sector recorded a meagre growth of 0.1 percent in the second quarter of 2014-15 as against a growth of 1.3 percent in same period of 2013-14. During April-September period, the sector grew by 1.8 percent compared to a growth of 0.1 percent in first half of previous fiscal.
    
Electricity, gas and water supply segment grew by 8.7 percent in second quarter compared to 7.8 percent in same period last year. During first half of this fiscal, the segment grew by 9.5 percent compared to 5.8 percent in six month period of 2013-14.
    
The farm sector, which includes agriculture, forestry and fishing, recorded deceleration in growth at 3.2 percent in second quarter compared to 5 percent a year ago. During April-September, the sector grew by 3.5 percent compared to 4.5 percent in the same period a year ago.
    
The community, social and personal services sector grew at 9.6 percent in second quarter compared to 3.6 percent in the same period last year. During April-September, the segment grew by 9.4 percent compared to 6.8 percent in the six month period of 2013-14.

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