Economy rebounds 3.1% in second quarter
The mining sector grew 14.4% in the period and the manufacturing sector rose 2.1%
03 September 2019 - 12:00
The economy rebounded 3.1% in the second quarter of 2019, escaping a recession as key sectors picked up.
Data released by Statistics SA on Tuesday showed that seasonally adjusted GDP growth expanded 3.1% from a contraction of a revised 3.1% in the first quarter. This was higher than the consensus among 17 economists polled by Bloomberg of an expansion of 2.5% quarter on quarter. ..
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