SA economy grows in the second quarter
The South African economy strengthened by 0,4%1 in the second quarter (April–June) of 2024. The finance, manufacturing, trade, and electricity, gas & water supply industries drove most of the economy’s momentum on the production (supply) side. On the expenditure (demand) side, household consumption, government consumption and a build-up in inventories contributed favourably to growth. Seven read more »
Economic wrap-up for June 2024
June was a bumper month for statistical reports. Stats SA published 40 releases in the month, providing monthly, quarterly and annual economic updates. Here are a few highlights. The South African economy weakens in the first quarter The month began with the release of the latest gross domestic product (GDP) figures. The economy contracted by read more »
Economy 0,1% weaker in the first quarter
Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a read more »
Statistics South Africa (Stats SA) will handover the Coega Special Economic Zone (SEZ) Survey 2023 to Coega Development Corporation on Thursday 11 April 2024 in Gqeberha, Eastern Cape.
MEDIA ADVISORYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 08 April 2024 Statistics South Africa (Stats SA) will handover the Coega Special Economic Zone (SEZ) Survey 2023 to Coega Development Corporation on Thursday 11 April 2024 in Gqeberha, Eastern Cape. The survey measures income, capital expenditure, employment, and imports and exports at the SEZ at Gqeberha. The survey is conducted by Stats read more »
GDP weakens in the third quarter
After two consecutive quarters of growth, South African real gross domestic product (GDP) contracted by 0,2% in the third quarter (July–September) of 2023.1 The contributions to the performance of the economy were evenly spread between the industries on the production side of the economy. The contributions ranged from -0,3 of a percentage point to +0,1 read more »
SA economy expands in Q2: 2023
South African real gross domestic product (GDP) expanded by 0,6% in the second quarter (April–June) of 2023.1 This follows a 0,4% rise in the first quarter. Overview Six industries on the supply side of the economy grew in the second quarter, with manufacturing and finance driving much of the upward momentum. On the demand side, read more »
Three facts about the manufacturing industry (2021)
There are two reasons to be excited about two recent manufacturing reports. First, covering the results of a detailed 2021 survey, the reports provide provincial- and district-level data. Second, they offer detailed insight into the state of the manufacturing industry in South Africa in terms of employment, finances, and the quantities of manufactured products. The read more »
Statistician-General to release the 2021 manufacturing report
MEDIA ADVISORYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 20 July 2023 Statistician-General to release the 2021 manufacturing report The Statistician-General of South Africa, Mr Risenga Maluleke, will release the manufacturing report at a virtual media briefing to be held on Monday, 24 July 2023. The manufacturing report measures expenditure, production, income and spread of the manufacturing sector in the country. The read more »
Economic wrap-up for June 2023
Stats SA published 26 statistical releases in June, shedding light on the current state of the economy. SA narrowly averts recession The month began with the release of the latest gross domestic product (GDP) figures. After faltering in the fourth quarter of 2022, the South African economy expanded by 0,4% in the first quarter of read more »
Stats Biz – May 2023
The South African economy expanded by 0,4% in the first quarter of 2023, with manufacturing and finance being the major drivers of growth on the supply side of the economy. The demand side was lifted by exports, with smaller positive contributions for household, government, and investment spending. Explore the latest gross domestic product (GDP) figures, read more »