GDP expected to come in lower than 2%

GDP expected to come in lower than 2%

Pretoria – The Gross Domestic Product for the third quarter is expected to come in lower than the growth seen in the second quarter, largely due to recent industrial action in the mining sector. “We expect GDP to have expanded by 1.4% quarter-on-quarter from the...
GDP grows by 1.4 percent

GDP grows by 1.4 percent

Pretoria – South Africa’s Gross Domestic Product (GDP) came in lower than expected, increasing by 1.4% in the third quarter of 2011. “The seasonally adjusted real GDP at market prices for the third quarter of 2011 increased by an annualised rate of 1.4% compared...
SA economy slacks growth

SA economy slacks growth

Pretoria – The South African economy’s Real Gross Domestic Product (GDP) contracted to 1.3% in the second quarter of 2011, the slowest rate in almost a year. “Real GDP at market prices increased by 1.3% during the second quarter of 2011 compared with...
GDP forecast upped

GDP forecast upped

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...