South Africa Economic Review & Forecast (Quarterly Report & Data) - 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%. Mining output is expected to see a marginal rise of 0.4% y/y—very similar to rate of change expected in manufacturing and also the entire secondary sector. Overall, zero growth is envisaged for the county’s real GVA.

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