IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The GDP figure for the (4th quarter 2017 3,1% q/q and 1,5% y/y)

South Africa's gross domestic product (GDP) growth rate was 3,1% in the fourth quarter of 2017.

The largest positive contributor to growth in GDP in the fourth quarter was the agriculture, forestry and fishing industry, which increased by 37,5% and contributed 0,8 of a percentage point to GDP growth. The industry's growth of 37,5% in the fourth quarter of 2017 was mainly the result of higher production of animal products.

The trade, catering and accommodation industry increased by 4,8% and contributed 0,6 of a percentage point to GDP growth. Increased economic activity was reported mainly in wholesale, retail and motor trade.

The manufacturing industry and finance, real estate and business services increased by 4,3% and 2,5% respectively, and each contributed 0,5 of a percentage point to GDP growth.

Mining and quarrying decreased by 4,4%, which contributed -0,3 of a percentage point to GDP growth.