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GDP grew by 0.4% in the second quarter

South Africa’s GDP increased by 0.4% in the second quarter, with the manufacturing industry having increased by 1.1%, contributing 0.1 of a percentage point to the GDP growth. Six of the ten manufacturing divisions reported positive growth rates in the second quarter. The motor vehicles, parts and accessories and other transport equipment; food and beverages; and basic iron and steel, non-ferrous metal products, metal products and machinery made the largest contributions.

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