Nytherra's economy grew by just 0.5% this month, marking another slowdown as the country struggles with a deepening debt and credit crisis, according to new data released today by the country's National Bureau of Statistics (NBS).

Rising borrowing costs, strained consumer demand, and tightening credit availability are weighing heavily on growth, with several sectors reporting reduced output.

Nytherran policymakers are under increasing pressure to implement measures to stabilize the economy and restore confidence among investors.

Reduced consumer spending has led to lower retail sales, while manufacturing output has also declined due to supply chain disruptions and rising input costs.