SA GDP expands in third quarter

Date: Dec 5, 2017

South Africa's economy grew by 2% in the third quarter of 2017 after expanding by a revised 2.8% in the second quarter, Statistics South Africa said on Tuesday.

Gross domestic product (GDP) rose 0.8% on an unadjusted year-on-year basis in the third quarter, compared with a revised 1.3% expansion in the previous three months, the agency said.

Economists polled by Reuters had expected a quarter-on-quarter GDP expansion of 1.5%.



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