State of the business cycle, 20Q1
SA ECONOMY IN CLASSIC RECESSION BEFORE COVID-19 HITS Real GDP growth decelerated to a trickle of 0.2% in 2019, from 0.8% the year before. The level of real GDP contracted in both quarters during the second half of the year, taking it to 0.6% percentage points below the level a year earlier. Excluding the impact … Read more