SA moves out of technical recession, economy grows by 2.2%
The South African #economy grew by 2,2% in Q3:2018 compared with Q2:2018 #StatsSA https://t.co/uKaM5P1m74 pic.twitter.com/V4X031KWjl
— Stats SA (@StatsSA) December 4, 2018
#Economic growth in Q3:2018 driven by #manufacturing, #transport and #finance industries Q3:2018 #GDP =+2,2% q/q https://t.co/uKaM5P1m74 pic.twitter.com/imqHFqYUb5
— Stats SA (@StatsSA) December 4, 2018
#Electricity, #Mining & #construction industries contracted during Q3: 2018 compared with previous quarter Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/hbcYsuCJ1u
— Stats SA (@StatsSA) December 4, 2018
Primary sector contracted by 5,4% in Q3:2018 q/q driven by decreased #mining production in platinum group metals, iron ore, gold, copper & nickel. #Agriculture up by 6,5% in Q3:2018 q/q. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/YgJjxyroVd
— Stats SA (@StatsSA) December 4, 2018
Secondary sector grew by 4,5% in Q3:2018 q/q. Positive growth was largely driven by #manufacturing in basic iron and steel, metal products and machinery; petroleum and chemicals; wood and paper; and motor vehicles. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/ba7zpjHkyC
— Stats SA (@StatsSA) December 4, 2018
Tertiary sector up by 2,6%. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/cJhBhy55Dt
— Stats SA (@StatsSA) December 4, 2018
Nominal #GDP estimated at R1,27 trillion for Q3: 2018, R40 billion more than in Q2: 2018. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/FYEZFIMvnS
— Stats SA (@StatsSA) December 4, 2018
Expenditure on real #GDP grew by 2,3% in Q3:2018 q/q. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/hVeTJZD4hC
— Stats SA (@StatsSA) December 4, 2018
Household final consumption expenditure up by 1,6% in Q3:2018 q/q. Q3:2018 #GDP =+2,2% q/q #StatsSA pic.twitter.com/F3v7DpXiiv
— Stats SA (@StatsSA) December 4, 2018