
South Africa’s GDP returns to pre-pandemic levels, increases 1.9% in first quarter.
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South African gross domestic product (GDP) returned to pre-pandemic levels after expanding by 1.9 percent in the first quarter of 2022, representing a second consecutive quarter of upward growth.
This GDP growth was more than expected and well above market estimates of a 1.2 percent rise following an upwardly revised 1.4 percent increase in the fourth quarter of 2021.
This GDP growth was more than expected and well above market estimates of a 1.2 percent rise following an upwardly revised 1.4 percent increase in the fourth quarter of 2021.

