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Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures.
Date Uploaded: June 15 2017 16:19
Business conditions remained weak in Q2. The survey results indicate that at least year-on-year GDP growth in all likelihood slowed even further during the quarter. In fact, it is possible that GDP growth for the full year will be even lower than the 0.3% realised last year.