News: 09 Jun 2022
GDP returns to pre-pandemic levels, up 1.9% q/q in the first quarter
Statistics South Africa (Stats SA) reports that the country’s seasonally-adjusted gross domestic product (GDP) rose by 1.9% quarter-on-quarter in the first quarter of the year, driven primarily by the manufacturing sector, which increased by 4.9% and contributed 0.6 of a percentage point to the overall tally.