Namibia's economy contracts 1.2 percent in Q2

Reuters
Worker prepares diamonds at the LLD Diamond polishing factory, Africa's biggest cutting and polishing plant, in the Namibian capital Windhoek., file. REUTERS/Alistair Thompson

WINDHOEK (Reuters) - Namibia's economy shrunk by 1.2 percent in the second quarter of 2016 compared with a revised 3.4 percent expansion in the first three months of the year, data on the statistics agency's website showed on Tuesday. Construction, hospitality and mining sectors were the largest contributors to the decline, contracting 19.9 percent, 15.5 percent and 13.2 percent respectively in the quarter. (Writing by Mfuneko Toyana; Editing by Joe Brock)