Industrial Production

Did the South African economy really contract by 51%?

Disclaimer - The opinions expressed here are solely my own and do not reflect the views of anyone else. The build up to the latest South African quarterly GDP release was captivating to say the least, as analysts awaited eagerly to confirm their projections on just how bad the second quarter (Q2) was set to turn out. The catastrophic economic performance recorded over Q2 was largely in line with most expectations, but by all means still managed to dominate headlines across the country.