Statistics South Africa (Stats SA)

IMF lowers South Africa's economic growth forecasts

Citing policy and political uncertainty, the International Monetary Fund (IMF) on Tuesday lowered its forecast for South Africa's economic growth in 2019, from 1.5 percent to 1.3 percent.

Real Estate and Finance the star of South Africa's GDP

Gross domestic product figures continue to tell a good news story about South Africa's Real Estate industry.

SA's recession over ahead 2019 polls

GDP growth in South Africa recovered to 2.2 percent in the three months through September compared with a revised 0.4% contraction in the prior quarter, Stats SA announced on Tuesday morning at a briefing in Pretoria.

South Africa's economy out of recession

The South African economy is out of recession as it expanded 2.5% in the second quarter after contracting by a revised 0.6% in the first quarter, Statistics South Africa said on Tuesday.

Recession fears fade as South Africa's GDP data show growth

PRETORIA - South Africa recession fears fade as manufacturing and mining sectors output rebounded, with the gross domestic product (GDP) data for the second quarter of 2016 showing growth of 3.3%.

Real Estate Industry major contributor to GDP

Statistics South Africa on Wednesday announced the country's gross domestic product (GDP) growth rate contracted by 1.2% in the first quarter of 2016, a much steeper contraction than had been expected.

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