Main Website
  Events
  Views & Forecasting
  The Business Forums

   Global Business      South Africa Business      UK Business      Ireland Business      Views and Forecasting

GDP forecast upped

South Africa - Growth Domestic Product

South Africa - Growth Domestic Product

Pretoria – South Africa’s Growth Domestic Product (GDP) is likely to grow by 0.1 percent to 3.8 percent at the end of the year, said the Bureau for Economic Research (BER).

In its economic prospects report for the third quarter of 2011, it said that the  actual data already released for quarter two of 2011, especially for manufacturing production, suggest that second quarter GDP growth moderated from the 4.8 percent recorded in quarter one. [Read more…]