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South Africa's economy shrank by 0.2% in the second quarter of 2026 but some economists are confident that economy willl recover in the third quarter. Imports r…
South Africa's economy shrank by 0.2% in the second quarter of 2026 but some economists are confident that economy willl recover in the third quarter.
Imports rose sharply by 4,9% while exports expanded by only 0.9% in the second quarter.
Capital formation also declined for a second consecutive quarter but household consumption expenditure grew by 0,4%.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.
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1 Comments
@@cloudstrife8791Imported2mo ago
Paid to say it. Q3 is gonna be a massive disaster and it will probably only release after elections. SA is gonna see massive losses in agriculture all the 30 June results, the white company threats to closure by vigilantes and the many companies closing past few weeks, poor rain seasons might also happen in some provinces then the cane/citrus/grape... worker shortages, millers tin foods and more closing due to prior... new white tax, its gonna BEE great, BEE amazing.... Vote anc mk eff for more GDP 0's