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The State of the South African Economy_Sectoral Insights ahead of GDP data release

02 December 2019 PwC

StatsSA will release the country’s latest gross domestic product (GDP) data on Tuesday, December 3. The South African economy expanded by 3.1% quarter-on-quarter (q-o-q) during 2019Q2.

PwC Strategy& economists have released a commentary - State of the Economy - that analyses 14 economic indicators in order to gauge the health of the SA economy. Out of the 14 indicators, only two - wholesale trade and civil construction confidence – showed improvement during 2019Q3. This sends a clear warning that GDP data for the third quarter will be disappointing – and most likely in the fourth quarter as well.

Click here to read the report

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