According to StatsSA, real gross domestic product (measured from the production side) increased by 1.9% (quarter-on-quarter annualised) in the first quarter of 2022, following an increase of 1.4% in the fourth quarter of 2021. Eight industries recorded positive growth between the fourth quarter of 2021 and the first quarter of 2022. This GDP growth rate restored the real seasonally adjusted GDP to its pre-pandemic level. It was mainly the tertiary sectors - particularly the finance and business, government and personal services sectors - that provided more support to GDP than had generally been anticipated.
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