Key findings: P0441 - Gross Domestic Product (GDP), 1st Quarter 2018

The GDP figure for the (1st quarter 2018 2,2% q/q and 0,8% y/y)

South Africa's gross domestic product (GDP) growth rate declined by 2,2% in the first quarter of 2018.
The largest negative contributor to growth in GDP in the first quarter was the manufacturing industry, which decreased by 6,4% and contributed -0,8 of a percentage point to GDP growth.
The mining and quarrying industry decreased by 9,9% and contributed -0,8 of a percentage point.
The agriculture, forestry and fishing industry decreased by 24,2%, and contributed -0,7 of a percentage point to GDP growth.
The trade, catering and accommodation industry decreased by 3,1%. Decreased economic activity was reported in trades, catering and accommodation divisions.
Finance, real estate and business services increased by 1,1% in the first quarter. Increased economic activity was reported for insurance and auxiliary activities and real estate activities.
General government services increased by 1,8%, attributed to an increase in employment numbers