Financial PlanningInvestment

PwC focus on GDP

South African economy contracted in the third quarter of 2019. Real gross domestic product (GDP) contracted by 0.6% q-o-q compared to a median growth forecast of 0.1% q-o-q amongst local economists.
Financial Planning

3Q19 GDP growth contracts

SA’s real GDP contracted by a seasonally adjusted annualised rate (saar) of 0.6% during the third quarter of 2019. This outcome was in line with our expectations, but worse than the Bloomberg