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South Africa: Economy Contracts By 3.2 Percent in the First Quarter
SAnews.gov.za, 4 June 2019
Statistician General Risenga Maluleke says the country's Gross Domestic Product (GDP) contracted by 3.2% in the first quarter of 2019. Read more »
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South Africa: GDP Falls by 3.2%, the Biggest Drop in a Decade
Statistics South Africa, 4 June 2019
The manufacturing industry decreased by 8,8% in the first quarter. The divisions that made the largest contributions to the decrease were petroleum, chemical products, rubber and… Read more »
South Africa's GDP Falls by 3.2%, the Biggest Drop in a Decade
This decline is the biggest quarterly fall in economic activity since the first quarter of 2009, when the economy - under strain from the global financial crisis - fell by 6.1%, StatsSA said.
Documents
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4 June 2019
South Africa's Gross Domestic Product Growth Rate Decreased by 3,2% in the First Quarter of 2019
- Publisher:
- Statistics South Africa
- Publication Date:
InFocus
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Good news for South Africans is that the gross domestic product figures released by Statistician-General Risenga Maluleke, shows an increase of 2,2%. However despite the rebound, ... Read more »
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According to Statistics South Africa, the country has entered a technical recession due to a fall-off in activity in the agriculture, transport, trade, government and manufacturing ... Read more »
