Stats SA’s seasonal adjustment models are part of regular rebasing
It can take several years to identify patterns, and a mixture of results can make the process tricky
03 October 2019 - 19:20
Every year, SA’s economic activity peaks in the fourth quarter (October-December). On the production (or industry) side of GDP, this pattern is driven mainly by three industries: manufacturing; trade, catering and accommodation; and transport, storage and communication.
Underlying the upward surge in these industries is the festive season, which we see clearly on the expenditure side of GDP, with an annual peak in household expenditure in the fourth quarter. ..
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