South Africa Q2 GDP contracts 0.7% q/q - stats bureau

South Africa's gross domestic product (GDP) contracted 0.7% in the second quarter in quarter-on-quarter, seasonally adjusted and non-annualised terms, data from the statistics agency shows.

By Promit Mukherjee

6 Sep 2022

Source: Reuters.

Source: Reuters.

GDP grew 0.2% year-on-year unadjusted in the second quarter, Statistics South Africa said.

Economists had predicted 0.8% quarter-on-quarter contraction and 0.6% year-on-year growth.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

Top stories

South Africans to pay more at the pump in March

AutomotiveSouth Africans to pay more at the pump in March

1 hour

Source: Pexels.

FinanceUS-Israel attack on Iran: South Africa warned of potential business disruption

Katja Hamilton 6 hours

Riyana Ajam is the founder and creative director of Warp & Weft. Source: Supplied.

Marketing & MediaWhy the burnout narrative in creative agencies misses the mark

Riyana Ajam 9 hours

A photo taken by inspectors from the National Bargaining Council for the Clothing Manufacturing Industry at a sweatshop in KwaZulu-Natal. Photo supplied (GroundUp)

LegalClothing company implicated in sweatshop scandal cries foul

Tania Broughton 3 hours

Cell C moves to AI-driven network optimisation in new Odine deal

ICTCell C moves to AI-driven network optimisation in new Odine deal

2 hours

Promoted

Seseko launches digital skills programme in Mpumalanga schools

EducationSeseko launches digital skills programme in Mpumalanga schools

Seseko 25 Feb 2026

More news

Neglecting customer experience is stunting small business growth

Retail

Neglecting customer experience is stunting small business growth

Liezel Jonkheid 6 hours

The 5 major trends influencing the future of wellness

Healthcare

The 5 major trends influencing the future of wellness

Maroefah Smith 6 hours

How SMEs can build AI-ready businesses starting with the right technology foundation

Entrepreneurship

How SMEs can build AI-ready businesses starting with the right technology foundation

Sudesh Pillay, WhyMAcForSME 25 Feb 2026

Rio Tinto revives Richards Bay Minerals' $473m Zulti South project

Energy & Mining

Rio Tinto revives Richards Bay Minerals' $473m Zulti South project

4 hours

Image source: rawpixel.com from

Legal

Tax policy plot twist: A "Medtronic amendment" that arrived 2 years too late

Nina Keyser 9 hours

Prof Liezl van Dyk

Education

Stellenbosch University appoints new deputy vice-chancellor of academics

6 hours

Vodafone teams up with Amazon's satellites to connect masts in Europe and Africa

ICT

Vodafone teams up with Amazon's satellites to connect masts in Europe and Africa

Paul Sandle 5 hours

5 African creators on TikTok's Discover List 2026

Marketing & Media

5 African creators on TikTok's Discover List 2026

26 Feb 2026

Top contenders revealed for 2026 Eat Out Woolworths Restaurant Awards

Lifestyle

Top contenders revealed for 2026 Eat Out Woolworths Restaurant Awards

5 hours

Collaboration is what? Fundamental to achieving inclusive growth in South African mining

Energy & Mining

Collaboration is what? Fundamental to achieving inclusive growth in South African mining

Shamiso Chideme and Richard Pfaff 5 hours

Foton breaks into South Africa’s top commercial vehicle ranks in just over a year

Automotive

Foton breaks into South Africa’s top commercial vehicle ranks in just over a year

8 hours

Image source:

HR & Management

Is your AI recruitment software ageist?

3 days

SMEs get tax breathing room as VAT threshold jumps to R2.3m

Entrepreneurship

SMEs get tax breathing room as VAT threshold jumps to R2.3m

9 hours

SA showcases tourism growth and SMMEs at ITB Berlin 2026

Tourism & Travel

SA showcases tourism growth and SMMEs at ITB Berlin 2026

9 hours

Image source:

Logistics & Transport

Maersk reroutes sailings around Africa amid Red Sea constraints

Louise Rasmussen 2 days

March movies go big: Outlaws, icons, monsters, and magic

Lifestyle

March movies go big: Outlaws, icons, monsters, and magic

Daniel Dercksen 7 hours

Let's do Biz