GDP in the first quarter of 2018 contracted by 2,2%
Press statement                        Embargo: Tuesday 5 June 2018, 11:30 GDP in the first quarter of 2018 contracted by 2,2% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) fell by 2,2% in the first quarter of 2018.1 The manufacturing industry and the mining and quarrying industry were the largest negative contributors to read more »
Economic growth better than what many expected
In a time when good news seems hard to come by, the latest gross domestic product (GDP) results provide some cautious cheer. The South African economy grew by 1,3% in 2017, exceeding National Treasury’s expectation of 1,0% growth announced during the National Budget Speech in February. After a wobbly start to 2017, which saw economic read more »
Change in publication date of Producer Price Index (PPI) January 2018
The PPI for January will be published at 11:30 on 28 February 2018 instead of 22 February as originally scheduled. The delay is a result of system difficulties experienced in shifting to the new PPI basket. The CMPI will be published at 12:00 on 28 February. The Import and export unit value indices will be read more »
GDP in the third quarter of 2017 grew by 2,0%
Press statement            Embargo: Tuesday 5 December 2017, 11:30 GDP in the third quarter of 2017 grew by 2,0% Gross domestic product (measured by production) South Africa’s real gross domestic product (GDP) growth rate was 2,0% in the third quarter of 2017. Second quarter GDP growth was revised from 2,5% read more »
Bumper harvest helps keep economy afloat
The South African economy grew by 2,0% in the third quarter of 2017 (seasonally adjusted and annualised), down from a revised 2,8% in the second quarter. Agriculture, mining and manufacturing were the main drivers of the expansion, while there was a contraction in general government services resulting from low employment numbers in the public sector. read more »
Statistician-General to release the large sample trade reports
Media advisory                                                                                                       25 October 2017  Statistician-General to release the large sample trade reports The Statistician-General of South Africa, Dr Pali Lehohla, will release the Accommodation industry, Food and beverages, Motor and Retail, as well as the Wholesale trade industry reports at read more »
GDP in the first quarter of 2017 contracted by 0,7%
Press statement                        Embargo: Tuesday 6 June 2017, 11:30 GDP in the first quarter of 2017 contracted by 0,7% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was -0,7% in the first quarter of 2017.1 The largest negative contributor to growth in GDP in the first read more »
Three facts about the ICT sector
It might be surprising to learn that the ICT sector is larger than the agriculture industry. This is one of the findings from Stats SA’s latest Information and communication technology satellite account for South Africa report. The document covers ICT’s contribution to the gross domestic product (GDP), its role in imports and exports, and its read more »
GDP in the fourth quarter of 2016 contracted by 0,3%
Press statement                                          Embargo: Tuesday 7 March 2017, 11:30 GDP in the fourth quarter of 2016 read more »
The economy shrinks in the fourth quarter of 2016
A fall in mining and manufacturing production in the final quarter of 2016 pulled South African economic growth into negative territory, according to preliminary figures of gross domestic product (GDP) released by Stats SA. South Africa’s economy contracted by 0,3% quarter-on-quarter (seasonally adjusted and annualised). The mining industry’s 11,5%1 drop in production was the main read more »