Briefs
SA dodges recession as Q2 GDP grows
On an unadjusted year-on-year basis, the economy grew by 1 percent in the second quarter, compared with growth of 1.6 percent in the previous three months.
Analysts had expected year-on-year growth of 1.2 percent.
The mining and quarrying industry saw a 9.4 percent drop in quarter-on-quarter output, the data showed, after being hit by a five-month platinum strike this year.
Manufacturing, the economy's second-largest sector, fell by 2.1 percent from the previous three months, reflecting weak demand from struggling consumers.
Agriculture grew up nearly 5 percent, while finance and real estate expanded by 1.5 percent, the data showed.