Investment in Construction: 3rd Quarter 2022

Investment in construction fell by 0.5 percent y-y in 2022Q3 (constant 2015 prices), to R58.6bn, coming of an already low base in 2021Q3. Residential investment increased by 3.9 percent y-y, but this was offset by a 0.6 percent contraction in non-residential investment and a 3.7 percent contraction in construction works.  Click here for the GDP…

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GFCF/GDP 1st Quarter 2022

Gross Fixed Capital Formation as a percentage of GDP edged marginally higher to 14.3 percent in 2022Q1 from 14.0 percent the previous quarter (2021Q4). Total investment increased by 3.6 percent q-q (Constant prices, seasonally adjusted) against overall GDP growth of 1.9 percent.

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