South Africa's gross domestic product (GDP) decreased in the third quarter (Q3) despite positive signs of economic growth that led economists to expect the economy to grow by up to 0.5%.
South Africa's GDP decreased by 0.3% in Q3 of 2024, after increasing by 0.3% in the second quarter (Q2) of the year, mainly driven by the agriculture, forestry and fishing industry decreasing by 28.8%.
Economists expected GDP to increase by between 0.2% and 0.5%.
According to Statistics SA, the transport, storage and communication industry decreased by 1.6%, while decreased economic activities were also reported for land transport and transport support services.
The trade, catering and accommodation industry decreased by 0.4%, with decreased economic activities reported for wholesale trade, motor trade and food and beverages.
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Denne historien er fra December 04, 2024-utgaven av The Citizen.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Tourism after US terror
New Orleans is a city of tremendous spirit - Biden
Fatal mistakes in route-planning
You're going nowhere quickly in Cape Town
Shiraz's visual tapestry
Alley art reminiscent of Surrealism
Zuko maintains his positive vibes
Mamelodi Sundowns defender Zuko Mdunyelwa is optimistic about winning his place back in the team after overcoming a groin injury.
A giant nail-biter
SA20: DURBAN FRANCHISE GRABS VICTORY FROM THE JAWS OF DEFEAT
Cheetahs have no room to slip
The Cheetahs are under no illusions that a loss against Italian side Zebre could spell the end of their race for the Challenge Cup title.
Mpeku handed his Lions debut
BIG TEST: VD MERWE ALSO BACK TO FACE MONTPELLIER
Aldcroft named to lead Red Roses
Zoe Aldcroft is set to lead England at this year's Women's Rugby World Cup on home soil after being named as the team's captain for 2025.
Bulls are not chucking game
While Bulls director of rugby Jake White (above) said they are not kidding themselves about their position and prospects in the Champions Cup, from a coach's perspective he owes it to his players to follow the strategy he set out at the start of the season and rotate his squad regularly.
Stormers treating every Cup match 'like a play-off'
The Stormers are banking on the return of several stalwarts to beef up their team for their must-win Champions Cup game against English side Sale Sharks at Cape Town Stadium today (kick-off 3pm).
