South Africa’s grew by 13.5% between July and September this year, the country’s statistics agency has just reported.
This growth comes after a 17% contraction in the second quarter of the year, which has been put down to measures imposed to contain the spread of coronavirus.
That was the fourth quarterly contraction in a row.
Today’s figures show that the economy is bouncing back and if this rate was repeated through the year it would amount to a 66.1% increase.
But South Africa’s economy was still 6% smaller in September 2020 than it was 12 months earlier.
Source: bbc.com