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

Lameez Omarjee

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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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