Agri growth helps SA out of recession
Sabrina Dean
Farmers Weekly
Positive performance in the agriculture sector in the third quarter (Q3) of 2018 has helped lift South Africa’s economy out of a technical recession.Stats SA said in its Q3 GDP release that South Africa’s economy grew 2,2% quarter-on-quarter (q/q), bringing to an end the country’s second recession since 1994.A number of sectors apart from agriculture had contributed to the growth; these included manufacturing (the main driver with growth of 7,5%), transport and finance and business services.