Economic weakness was concentrated in three of the economy's 10 industries, with the remaining seven expanding during the quarter.
South Africa's economic recovery has been interrupted rather than derailed, after the economy unexpectedly contracted in the second quarter as the global energy shock, weak investment and pressure on key industries took their toll.
Statistics South Africa figures released earlier on Tuesday showed that gross domestic product (GDP) contracted by 0.2% in the second quarter, reversing the 0.4% growth recorded in the first three months of the year and marking its first contraction since the third quarter of 2024.
The weakness was concentrated in three of the economy's 10 industries, with the remaining seven expanding during the quarter.
Mining recorded the steepest decline, contracting 3% as output of platinum group metals, manganese, gold and iron ore fell. Manufacturing declined 1.8%, with seven of its 10 divisions recording negative growth.
