Macroeconomic digest

Date of publication: 
2017

From an increase of 38.7% in the second quarter, the Agricultural Industry continued to power ahead, expanding by 44.2% during the third quarter. This is the largest quarterly jump in agriculture production since the second quarter of 1996. The increase in the GDP was mainly attributed to higher production in field crops and horticultural products, with notable increases in the production of maize and vegetable products. In the third quarter (July to September 2017), the largest positive contributor to GDP was Agriculture, Forestry and Fisheries (0.9%).

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South Africa