STATS SA LOOKS AT THE SOUTH AFRICAN ECONOMY IN Q1, Q2 AND Q3, 2021
– And how far we need to go to get to pre-COVID levels
This summary from http://www.statssa.gov.za provides an overview of how the economy did in the first and second quarters of 2021 – looking at which were the growth sectors and the industries which recorded positive gains - and how far we have to go to get to pre-Covid levels:
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GDP RISES IN THE FIRST QUARTER OF 2021
The finance, mining and trade
The South African economy grew
inventories helped spur growth on
by 1,1% in the first quarter of
2021 (January–March), translating
industries were the main drivers of output on the production
(supply) side of the economy, while
household spending and changes in the expenditure (demand) side.
into an annualised growth rate of
Despite this being the third
(annualised: 5,8%) rise in real
growth, the South African economy
4,6%. This follows a revised 1,4% gross domestic product (GDP) in the fourth quarter of 2020.
TOP PERFORMING COMPANIES | 18TH EDITION
consecutive quarter of positive
is 2,7% smaller than it was in the first quarter of 2020.
