South African economy expands 3.1% in second quarter

South African economy expands 3.1% in second quarter
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  • Country:
  • South Africa

South Africa's economy grew 3.1% in the second quarter, following a revised 3.1% contraction in the first three months of the year, Statistics South Africa data showed on Tuesday.

Economists polled by Reuters had predicted an expansion of 2.4% quarter-on-quarter.

Year-on year GDP growth was 0.9% compared with zero previously.

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