South African economy escapes technical recession in 3rd quarter with 2.2 percent growth – Stats SA
According to Stats SA, the South African economy expanded by 2.2 percent in the 3rd quarter of the year (seasonally adjusted, annualised), which will come as a sigh of relief to many. This was also better than expected, compared to our forecast at Industry Insight of 1.4 percent growth, and a Bloomberg consensus of 1.9…
