South Africa GDP fell 0.2% in the second quarter of 2026, ending a six-quarter run of growth, as mining, trade and manufacturing contracted.
SOUTH AFRICA · ECONOMY
Key Facts
—The number: Gross domestic product contracted 0.2% in the second quarter, after growth in the first that was revised down to 0.4% from 0.5%.
—The streak: It ends a six-quarter run of growth and is the first contraction since the third quarter of 2024.
—Mining: Mining activity fell 3.0%, led by platinum group metals, manganese ore, gold and iron ore.
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