South Africa’s GDP up 0.6 percent in Q2 over Q1

Friday, 29 August 2014 17:49:57 (GMT+3)   |   Istanbul
       

In the second quarter of the current year, South Africa's seasonally adjusted gross domestic product (GDP) increased by 0.6 percent quarter on quarter, according to the detailed statistics released by Statistics South Africa. South Africa's unadjusted GDP increased by one percent in the second quarter this year compared to the same quarter of the previous year, while the country's unadjusted GDP in the first half rose by 1.3 percent year on year.

Meanwhile, in the second quarter this year the country's manufacturing sector registered a decrease of 2.1 percent in output from the previous quarter. According to the report, manufacturing activity fell due to lower production in the food, beverages and tobacco; petroleum, chemical products, rubber and plastic products; motor vehicles, parts and accessories and other transport; and glass and non-metallic mineral products divisions.


Similar articles

S. African iron and steel output down 3.3 percent in December

14 Feb | Steel News

S. African iron and steel output up 1.1 percent in July

11 Sep | Steel News

S. African iron and steel output down 0.2 percent in June

08 Aug | Steel News

S. African iron and steel output up 1.1 percent in May

12 Jul | Steel News

S. African iron and steel output up 0.3 percent in April

12 Jun | Steel News

S. African iron and steel output up 4.6 percent in November

15 Jan | Steel News

S. African steelmakers’ prices stable in August compared to July

28 Sep | Steel News

S. African iron and steel output up 2.4 percent in June

10 Aug | Steel News

S. African iron and steel output up 5.2 percent in May

14 Jul | Steel News

S. African steelmakers’ prices down 6.4 percent in April compared to March

29 May | Steel News