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November 26, 2014

SA's GDP rebounds in Q3

South Africa’s economy grew 1.4% in the third quarter after platinum mines restarted production following a five-month strike

Growth improved from an annualised revised 0.5% in the second quarter and a revised 1.6% contraction in the first three months, the statistics office said in a report released today in Pretoria, the capital. The median estimate of 21 economists in a Bloomberg survey was for 1.5% quarterly growth. The economy expanded 1.4% from a year earlier

Link: Moneyweb

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