Views Article – Sharenet Wealth

Africa, News

South Africa’s Q3 expenditure on GDP down 0.3%

PRETORIA, Dec 3 (Reuters) – South Africa’s expenditure on gross domestic product (GDP) shrank 0.3% in the third quarter after expanding 2.9% in the second three months of the year, the statistics agency said on Tuesday.

Household expenditure increased 0.2% in the third quarter after growing 2.6% in the previous three months. Government expenditure was also up, by 1.3%, while gross fixed capital formation expanded by 4.5%. (Reporting by Mfuneko Toyana; Editing by Alison Williams)


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.
Array ( )