South Africa’s gross spending up 2.1% in Q3

Spread the love

JOHANNESBURG    –  South Africa’s real gross domestic product expenditure rose by 2.1 percent in third quarter after expanding by a revised 2.7 percent in the second quarter, the statistics agency said on Tuesday.

Household expenditure increased by 2.6 percent in the three months to September after increasing by 4.7 percent in the previous three months.

Government expenditure was down 0.5 percent after rising by 1.4 percent in the previous quarter.

Gross fixed capital formation rose by 4.3 percent from a 2 percent contraction previously. Exports of goods and services were down 10.3 percent while imports fell 13.7 percent.(Reuters)

Spread the love
Related Story:  Seven-Up delisted from Nigerian Stock Exchange

Leave a Reply

Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: 08033083361, 08094208271 and 092900705
Whatsapp: 08053069436

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143
Dubai Office: PAU Management Suite, Level 23 - Boulevard Plaza Tower 2, Emaar Boulevard,
P. O. Box 124342, Dubai, UAE.
Tel: +971 4 4096849 | Fax: +971 4 409 6850
About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate