Industry in Zambia

Zambia Industry | Economic News & Forecasts

Zambia - Industry

The economy lost traction in the first quarter, expanding 2.6% year-on-year compared to 4.1% in the previous quarter. Growth was primarily supported by a double-digit surge in mining and quarrying output, fueled by healthy demand for copper exports. Meanwhile, a sharp contraction in the agricultural sector owing to a pervasive drought was largely behind the slowdown. Prospects appear brighter for the second quarter: Overseas sales of copper shot up in May, with export earnings on the rise. Earnings have withstood pressure from the downward trend in copper prices stemming from intensifying trade war fears. Moreover, the PMI for June signaled a continued robust expansion in private sector activity amid stronger demand conditions.

Zambia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)3.9  1.9  0.2  2.5  -     

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Zambia Industry Chart

Zambia Industry
Note: Industrial production, annual variation in %.
Source: Central Statistical Office

Zambia Facts

Bond Yield24.000.0 %Aug 15
Exchange Rate10.200.0 %Aug 15
Stock Market0.40.0 %Aug 15

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