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Economic Performance Indicators for Cape Town (EPIC)

Key Highlights of the Economic Performance Indicators for Cape Town (EPIC) for the 1st Quarter 2016

 

•  While GDP growth remained stable for most developed economies, Germany experienced a notable decline from the fourth quarter of 2015 whereas in emerging economies, growth trends were diverse with high growth in India and China, yet the continuance of recessionary growth trends in Russia and Brazil.

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May data confirms South African growth recovery

Finance Minister Pravin Gordhan told a South African Chamber of Commerce and Industry (SACCI) event in Johannesburg that a collective response to the challenges we face could still result in growth of 1% this year rather than the 0.1% that the International Monetary Fund (IMF) is expecting.

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