SA's Q2 GDP figure contracts by 0.7%

Stat SA on Tuesday released the country’s latest GDP figures.

JOHANNESBURG - South Africa’s gross domestic product decreased by 0.7% percent in the second quarter of 2022.

Statistics South Africa on Tuesday released the latest GDP figures, highlighting that the country’s economy in the second quarter of 2022 was smaller than it was before the COVID-19 pandemic. BREAKING NEWS: SAs GDP decreased by 0,7% in the second quarter of 2022. StatSA has today released the countrys latest GDP figures. The agriculture and manufacturing sectors recorded 7.7% and 5.9% decreases respectively. ND

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