BER Comment

Research Notes
Comments
Impumelelo Economic Growth Lab

BER Comment

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.

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GDP ends 2016 on a negative note

Date Uploaded: March 07 2017 15:38


The SA economy stalled in 2016 with growth of only 0.3% recorded, the third year in a row that growth slowed. Stats SA reported that GDP shrunk by 0.3% q-o-q in 2016Q4, down from growth of (an upwardly revised) 0.4% in the third quarter.