Slow economic growth for 2012

The Macau economy is expected to see a growth of 9.8 percent this year and 13.5 percent in 2013, according to Macauhub, quoting the latest report from the Economist Intelligence Unit, the research unit of The Economist group. According to the report, 2012 and 2013 are also years in which investment is expected to start falling against the previous two years. Macau’s gross domestic product grew by 18.4 percent in real terms in the first quarter of 2012 in comparison with one year before. The Economist Intelligence Unit says an expected drop in economic growth in the mainland will impact Macau’s economic performance.