Finance and real estate helped economy grow 0.8% in 2018

The latest set of gross domestic product figures was released by Stats SA on Wednesday. The figures provide an overview of economic performance in 2018. SA found itself in economic recession during the year‚ its second since the early 1990s.

Stats SA said the 2018 recession spanned the first two quarters of the year‚ with the economy shrinking by 2.7% in the first quarter and contracting further by 0.5% in the second. A recession is defined as two consecutive quarters of slowing growth.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Finance, real estate, business services helped economy grow 0.8% in 2018The SA economy grew by 1.4% in the fourth quarter of 2018, contributing to an overall growth rate of 0.8% for the entire year.
Herkunft: TimesLIVE - 🏆 28. / 59 Weiterlesen »

South Africa's economy grows by 0.8% in 2018 | Business | M&GSouth Africa’s economy grew by 1.4% in the fourth quarter of 2018, slightly above the consensus estimates of most analysts and economists of 1.2% growth.
Herkunft: mailandguardian - 🏆 2. / 92 Weiterlesen »

Despite Nigerian run-ins, MTN’s earnings nearly doubled in 2018In 2018, the mobile operator was slapped with demands totalling $10.1bn from Nigerian regulators And yet MTNza cancelled FreeTwitter
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »