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News archive - June-2018

SA agricultural economy contracted by 24.2% q/q in the first quarter of 2018

The negative effects of the Western Cape drought are evident in the first quarter GDP data, which showed that South Africa’s agricultural economy contracted by 24.2% q/q.1 This far exceeds our expectations of a modest contraction of about 11% q/q. – Wandile Sihlobo, Agbiz economist

09.07.2018 / Agbiz in the news

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