Stats SA

South Africa's economy grows by 0.8% in 2018


South Africa's economy fell into a technical recession in the first half of 2018

Festive spending continues to boom amid tough economic climate

Jacques Coetzee

South Africans are spending more on festive goods such as food and beverages rather than more expensive goods. The proof is in the pudding

October retail sales accelerate to 2.2%

Lameez Omarjee

The highest annual growth was recorded for retailers in household furniture, appliances and equipment, which was up 10.1%

November inflation ticks slightly higher to 5.2%

Lameez Omarjee

In November inflation for goods increased by 5.3% year-on-year, from 5.1% in October, according to Stats SA

The manufacturing sector helps lift SA out of a recession

Tshegofatso Mathe

The 2.2% growth in the gross domestic product in the third quarter equates to an annualised 1.1% improvement from a year ago