{"id":16239,"date":"2022-06-13T09:30:18","date_gmt":"2022-06-13T07:30:18","guid":{"rendered":"https:\/\/ecomnewsafrique.com\/?post_type=news&#038;p=16239"},"modified":"2022-06-13T15:22:08","modified_gmt":"2022-06-13T13:22:08","slug":"south-africa-the-countrys-gross-domestic-product-gdp-grew-by-1-9-in-the-first-quarter-of-2022","status":"publish","type":"news","link":"https:\/\/ecomnewsafrique.com\/en\/2022\/06\/13\/south-africa-the-countrys-gross-domestic-product-gdp-grew-by-1-9-in-the-first-quarter-of-2022\/","title":{"rendered":"South Africa: The country&#8217;s gross domestic product (GDP) grew by 1.9% in the first quarter of 2022"},"content":"\n  \n    \n      \nSouth Africa&#8217;s gross domestic product (GDP) recorded a growth of 1.9% in the first quarter of 2022. The information comes from the country&#8217;s statistician general, Risenga Maluleke, we learned in a press release from press published by the government on June 7.\n\n    \n  \n\n\n  \n    \n      \nThis growth is mainly driven by the manufacturing industry which recorded an increase of 4.9% and trade, catering and accommodation which recorded a growth of 3.1%. Transport, warehousing and communications are the third growth engine of the quarter with 1.8% growth. Followed by finance, real estate and business services which experienced 1.7% growth and personal services with 1.1% GDP growth.\n\n    \n  \n\n\n  \n    \n      \nThe head of Statistics South Africa (Stats SA), the country&#8217;s statistical agency, however, explains that expenditure linked to GDP also increased by 1.9% between January and March. The sectors that were mainly factors of this expenditure are transport (2.8%), food (2.5%), catering (6.5%) and communication (2.4%).\n\n    \n  \n\n\n  \n    \n      \nAfter negative growth in the third quarter of 2021 (-1.5%), South Africa recorded a positive fourth quarter (1.2%). This new increase in GDP therefore reinforces the country&#8217;s economic progress. The World Bank predicts that the economy will grow by more than 2% this year.\n\n    \n  \n\n","author":116,"featured_media":16233,"comment_status":"open","ping_status":"closed","template":"","tags":[1115,952,699,698],"location":[861],"class_list":["post-16239","news","type-news","status-publish","has-post-thumbnail","hentry","tag-actualite-2","tag-croissance-2","tag-economy","tag-news","location-south-africa-2"],"short_url":"https:\/\/bit.ly\/3mEIUZh","have_related_news":"done","chapo":"<p class=\"p1\">After a decline in GDP growth in the third quarter of 2021, South Africa revived the following quarter by reaching a growth rate of 1.2%. For the first quarter of this year, this positive growth tends to stabilize.<\/p>","media":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/06\/afrique-du-sud-550x360.jpg","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/06\/afrique-du-sud-550x360.jpg 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.56,"credit_photo":""},"media-news-header":{"src":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/06\/afrique-du-sud.jpg","srcset":"https:\/\/ecomnewsafrique.com\/app\/uploads\/sites\/4\/2022\/06\/afrique-du-sud.jpg 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.56,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Africa: The country&#039;s gross domestic product (GDP) grew by 1.9% in the first quarter of 2022 - Ecomnews Afrique<\/title>\n<meta name=\"description\" content=\"South Africa&#039;s gross domestic product (GDP) recorded a growth of 1.9% in the first quarter of 2022. 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