Perspectives on Agriculture’s GDP performance in Q2 2023

In the second quarter of 2023, the agricultural sector grew by 4.2% quarter on quarter. It should be noted that this follows a decline of almost 5% in quarter 1, and a decline of almost 20% in quarter 2 of 2022 due to later than normal delivery of some summer crops, which bolstered growth in Q3 of 2022. This suggests that Q2 performance comprises some normalisation from these dynamics. 

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