The total turnover of quarterly financial statistics (QFS) industries¹ in the second quarter of 2025 was estimated at R3 635 457 million (R3,64 trillion), an increase of 5,1% compared with the first quarter of 2025 (R3 458 317 million or R3,46 trillion).

Between the first and second quarters of 2025, turnover increased in all eight industries covered by the survey. The largest percentage increase in turnover was recorded in electricity, gas and water supply (+44,3%) followed by mining and quarrying (+10,2%), real estate and other business services (excluding financial intermediation and insurance) (+4,3%), manufacturing (+3,7%), construction (+3,6%), transport, storage and communication (+2,6%), trade (+2,5%), and community, social and personal services (excluding government and educational institutions) (+0,5%).

Total closing inventories at the end of the second quarter of 2025 were estimated at R1 450 374 million, an increase of 2,3% compared with R1 417 632 million at the end of the first quarter of 2025. Increases were recorded in transport, storage and communication (+22,6%), real estate and other business services (excluding financial intermediation and insurance) (+5,2%), trade (+4,5%) and manufacturing (+1,1%). Decreases were recorded in construction (-5,3%), electricity, gas and water supply (-2,7%), community, social and personal services (excluding government and educational institutions) (-1,0%) and mining and quarrying (-0,5%).