DAR ES SALAAM: Tanzania's economic growth slowed to 6.8 percent in the third quarter of 2014 versus a revised 7.4 percent expansion in the same period a year ago, data showed on Thursday.
The state-run National Bureau of Statistics (NBS) said the growth of construction activity slowed to 15 percent in the third quarter last year compared with 16.3 percent in the third quarter of 2013, while growth in the manufacturing sector rose 10.8 percent from 10.4 percent previously.
Tanzania's gross domestic product expanded by 32 percent in 2013 to 69.8 trillion shillings ($38.25 billion) after the state rebased its calculation to incorporate new sectors in the economy, including big discoveries of natural gas.
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