by Wandile Sihlobo | Sep 7, 2020 | Daily Notes
This is an important day in the South African economics calendar. At 11h30 this morning, Statistics South Africa will release GDP data for the second quarter of the year. Recent surveys of macro analysts’ forecasts of the second quarter GDP show that the South African...
by Wandile Sihlobo | Mar 3, 2020 | Agricultural Production
South Africa’s farming economy was not in good shape in 2019. This is clear from the agricultural GDP data released this morning by Statistics South Africa. The data show a 6.9% year-on-year contraction for 2019, which is a second consecutive year of contraction in...
by Wandile Sihlobo | Sep 3, 2019 | Agricultural Production
Although South Africa’s economy has recovered from the previous quarter’s poor economic performance with a 3.1% quarter-on-quarter seasonally adjusted growth rate (q/q saar), agriculture did not contribute to the improvement. After a strong contraction (16.8%) during...
