GDP rebounds by 13.5% for third quarter as lockdown restrictions ease

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The SA economy recovered in the third quarter, data from Stats SA shows. (iStock)
The SA economy recovered in the third quarter, data from Stats SA shows. (iStock)

South Africa's third quarter GDP increased by 13.5% on a quarter-on-quarter, seasonally adjusted rate, data from Stats SA shows. 

The improvements in growth were largely due to the easing of Covid-19 lockdown restrictions. Recoveries were registered across all sectors - with the largest positive contributors to growth being manufacturing, mining and trade.

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Rand - Dollar
13.72
-0.0%
Rand - Pound
19.35
-0.0%
Rand - Euro
16.62
-0.0%
Rand - Aus dollar
10.58
-0.0%
Rand - Yen
0.13
-0.0%
Gold
1,877.34
0.0%
Silver
27.92
0.0%
Palladium
2,779.00
0.0%
Platinum
1,151.00
0.0%
Brent Crude
72.69
+0.2%
Top 40
61,445
+0.3%
All Share
67,724
+0.3%
Resource 10
65,776
+1.1%
Industrial 25
87,620
+0.1%
Financial 15
13,639
-0.9%
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