SA economy drops by 2.2% in the first quarter
Updated | By Jacaranda FM News
South Africa's economy contracted by 2.2% in the first quarter of 2018.
Statistician-General Risenga Maluleke released the latest Gross Domestic Product figures in Pretoria.
He says the biggest contributors to the negative growth include agriculture, mining and manufacturing.
"Agriculture comes from a high base - in the last two quarters, it recorded relatively very high. It's contribution to this quarter's growth is negative 0,7%.
"That shrink is followed by the one in mining and manufacturing. Both sitting at -9.9% and -6.4%," Maluleke said.
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