GDP up by 3,3% in the second quarter
South Africa's gross domestic product (GDP) grew by 3,3 percent in the second quarter of 2016.
According to Stats SA, the main contributors to the GDP growth rate were the manufacturing industry and the mining and quarrying industry.
"Manufacturing increased by 8,1 percent, largely as a result of higher production in petroleum, chemical products, rubber and plastic products; and motor vehicles, parts and accessories and other transport equipment. Mining and quarrying grew by 11,8 percent, largely as a result of higher production of platinum group metals," Stats SA said.
Only two industries contracted in the second quarter, namely agriculture, forestry and fishing (-0,8 percent); and electricity, gas and water (-1,8 percent).
The agriculture, forestry and fishing industry has been in decline for six consecutive quarters.
Meanwhile, expenditure on real gross domestic product grew by 3,4 percent in the second quarter of 2016.
"Household final consumption expenditure increased by 1,0 percent in the second quarter. The main sources of the increase were miscellaneous goods and services and health services. Government final consumption expenditure increased by 1,3 percent," it said.