The economy will have continued to expand into the third quarter, although growth is unlikely to be as robust as it was during the second quarter, data to be published this week are expected to show. The GDP data will be published by Statistics SA on Tuesday, on the same day that the South African Reserve Bank will publish data on the balance of payments. Maarten Ackerman, chief economist and advisory partner at Citadel, said: "We are coming off a higher base now." Key considerations for economists when determining the GDP outcome are data on electricity generation, mining and manufacturing, vehicle sales, building plans passed and retail sales. A Citadel econometric model showed that for July, August and September it was a tough and volatile period for mining, while manufacturing and retail performance showed reasonable improvement — an indication that the consumer was not "totally on their knees", Ackerman said. "The model suggests we probably won’t see a negative quarter. We’re n...

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