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T&T first quarter growth

Published:Wednesday | August 4, 2010 | 12:55 PM

The Central Bank in Trinidad is reporting a 2.3 per cent growth in the first quarter of this year, as output from the energy sector helped rekindle growth.



However, the Bank says overall growth this year is expected will not be more than 1.5 per cent.



That's down from the previous forecast of two per cent.



According to a statement from the bank, there are signs that the economic decline may be levelling off, but most of the expansion to date remains energy-based.