South Africa GDP Tracker suggests marked slowdown in Q3

The Capital Economics South Africa GDP Tracker suggests that the economy slowed sharply in the third quarter of this year. We think annualised growth dropped to 1.5% q/q, from 3.2% q/q in Q2. This would leave the economy on course for a full-year expansion of 2.3% in 2012, the slowest pace of growth since 2009.

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