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Reading: South Africa GDP shrinks 0.2% in second quarter
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MacroHerald > Latest News > Economy > Economic Data > South Africa GDP shrinks 0.2% in second quarter
Economic Data

South Africa GDP shrinks 0.2% in second quarter

Enver Adıgüzel
Last updated: 8 September 2026 15:34
Enver Adıgüzel - Editor and Publisher
1 month ago
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GDP & growth
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South Africa’s gross domestic product shrank by -0.2% in the second quarter of 2026 compared to the previous quarter, according to Stats SA on Tuesday, 8.

Contents
  • Streak of growth ends
  • Sector declines hit output

Streak of growth ends

The contraction in economic output ended a run of 6 consecutive quarters of expansion.

Mining output fell by -3% during the second quarter of 2026, which dragged down overall GDP performance by -0.1 percentage points.

Sector declines hit output

The trade sector recorded a growth rate of -1.9% in the second quarter of 2026, contributing -0.2 percentage points to South Africa’s GDP performance.

Manufacturing activity also weakened over the three-month period, as the industry’s growth rate reached -1.8% and contributed -0.2 percentage points to the aggregate output change.

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Source: Stats SA

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TAGGED:gdpmanufacturingsouth africastats sa

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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