22 May 2019
Output is the value of goods and services produced in the economy during a specific period and includes intermediate use of goods and services (domestically produced and imported), compensation of employees, gross operating surplus, taxes and subsidies on production as well as taxes and subsidies on products. GDP is calculated from the income side (or value added) which consists of compensation of employees and gross operating surplus.
09 May 2019
GDP growth slowed to 1.4% q/q seasonally adjusted and annualised (saar) in 4Q2018 from 2.6% in 3Q18.
08 May 2019
In 2019 a further contraction of South Africa’s primary sector output is foreseen, mostly driven by agriculture sector output which is forecast to shrink by more than 5%.
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