South Africa’s consumer price inflation increased to 4.3% in August 2019 from 4% in July.
The Gross Domestic Product data that Statistics South Africa has released shows that mining, manufacturing finance and real estate had positive growth in the three months to the end of June 2019.
Retail sales have recorded what economists are calling a moderate recovery.
Stats SA says the country’s official unemployment rate has jumped to 29% in the second quarter of the year. The unemployment figures were published by Stats SA on Tuesday morning.
Analysts say they expect an increase in the number of job losses in the second quarter ahead of employment data from Stats SA on Tuesday.