
GDP shrinks by 0.2% in the second quarter
The sectors that contributed to the second quarter GDP decrease were trade, catering and accommodation, manufacturing and the mining industry.
Statistics South Africa’s (StatSA) newly released data shows that the Gross Domestic Product (GDP) decreased by 0.
Stats SA’s Chief Director of National Accounts, Dr Bokang Vumukani-Lepolesa, says, “The South African Gross Domestic Product decreased by 0.
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