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Gross Domestic Product (GDP), Grows 4,8% in 1st Quarter 2011 – StatsSA
Source: Google Alert
Source Date: Friday, June 03, 2011
Focus: Electronic and Mobile Government, Citizen Engagement, Internet Governance
Country: South Africa
Created: Jun 03, 2011

The contributors to the increase in economic activity for the first quarter of 2011 were the manufacturing industry (2,2 percentage points), finance, real estate and business services (1,0 percentage points), the wholesale, retail, motor trade and accommodation industry (0,5 of a percentage point) and the transport, storage and communication industry (0,3 of a percentage point). The construction industry contributed (0,0 of a percentage point) for six consecutive quarters.

The seasonally adjusted real annualised value added by primary, secondary and tertiary sectors recorded increases of 0,5 per cent, 11,1 per cent and 3,7 per cent respectively, during the first quarter of 2011.

The unadjusted real GDP at market prices for the first quarter of 2011 increased by 3,6 per cent compared with the first quarter of 2010.

The GDP estimates are preliminary, and may routinely be revised on the basis of additional evidence that has become available by the time the subsequent quarter`s estimates are released.

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