SA GDP grew 1.7% in the first quarter, downwardly revised from 1.9%. The economy contracted 0.7% in the second quarter and grew 1.6% in the third quarter
The focus this week will be on 2022’s fourth-quarter GDP figures to be released by Stats SA on Tuesday.
Economic activity probably stalled in the fourth quarter of 2022, with a high risk of contraction, with heightened load-shedding, higher cost of living intensified by interest rate hikes, and a failing logistics network...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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