Lehohla

South Africa's seasonally adjusted real Gross Domestic Product (GDP) at market prices contracted by 1.3% in the second quarter of 2015, Statistics South Africa (Stats SA) said on Tuesday. "The seasonally adjusted real GDP at market prices for the second quarter of 2015 decreased by an annualised 1.3% compared with an increase of 1.3% during the first quarter of 2015. GDP has slowed down," Statistician General Pali Lehohla said. Briefing reporters in Pretoria, the Statistician General said … [Read more...] about SA’s 2015 growth rate now predicted at 2%