Sentences with phrase «growth in industry slumped»

Not exact matches

Last year, when load - shedding reached its peak over a three - year period, the economy recorded its lowest growth in 15 years: expanding by 3.9 percent mainly, on due to a slump in commodities prices and energy supply deficit, which affected the manufacturing, industries and services sectors... the biggest contributors to the country's GDP.

He said it is common knowledge that, in recent years, industry has not done well, as the growth rate in industry slumped to -0.5 % in 2016, as opposed to a growth rate of 15.1 %, at the end of 2008.

And though we burn 8 billion tons of coal every year to fuel around 33 percent of the nation's electricity generation, the industry has been slumping in the face of low natural gas prices and sluggish growth in electricity demand.