GDP increases 5% : SBP’s first Quarterly Report

[Ali_Syed]

Re: GDP increases 5% : SBP’s first Quarterly Report

@Zafra

In economic terms it’s always compared to the previous year. The yearly growth rate also applies to the previous year. That is always the benchmark in growth. So its not misleading its standard practice.

So has the GDP risen to 5 %? or increased 5% of 2.9 (2.9+2.9*5/100=3.045 %)