The GDP figure for the (3rd quarter 2018 2,2% q/q; 1,1% y/y and 9 months on 9 months 0,8%)
Gross domestic product (measured by production)
South Africa's gross domestic product (GDP) growth rate increased by 2,2% in the third quarter of 2018.
The largest positive contributor to growth in GDP in the third quarter was the manufacturing industry, which increased by 7,5% and contributed 0,9 of a percentage point to GDP growth.
Finance, real estate and business services increased by 2,3% and the transport and communication industry increased by 5,7% and each contributed 0,5 of a percentage point.
The trade, catering and accommodation industry increased by 3,2% and contributed 0,4 of a percentage point to GDP growth.
General government services increased by 1,5% and contributed 0,2 of a percentage point to GDP growth.
The mining and quarrying industry decreased by 8,8% in the third quarter and contributed -0,7 of a percentage point to GDP growth and
Expenditure on GDP
Expenditure on real gross domestic product increased by 2,3% in the third quarter of 2018
Household final consumption expenditure increased by 1,6% in the third quarter of 2018, contributing 1,0 percentage points to total growth.
Government final consumption expenditure increased by 2,2%, contributing 0,4 of a percentage point.
Gross fixed capital formation decreased by 5,1%, contributing -1,0 percentage points.
Changes in inventories in the third quarter contributed 2,8 percentage points to total growth.
Exports increased by 24,2% and imports increased by 26,7%. Net exports contributed -0,9 of a percentage point to total growth.
The GDP estimates are preliminary, and may routinely be revised on the basis of additional evidence that has become available by the time the subsequent quarter's estimates are released.