The release of the country’s GDP results for the final quarter of 2023 brought several surprises, which we unpack in this Brief. For the total economy, GDP increased by 0.1% in the fourth quarter of 2023. For the full year 2023, GDP expanded by 0.6% in real terms. The big surprise, however, was that agriculture contracted by 12.2%. While BFAP has long since projected a decline, we believe this contraction was more in the region of 3-5%.
Download here to read the full article.
Introducing Agri Plus: Shaping the Future of Agriculture in South Africa Facilitated by the Bureau for Food and Agricultural Policy (BFAP), Agri Plus aims to consolidate and communicate multiple perspectives
This brief provides an overview of food prices, food inflation dynamics, its associated causes, and the cost of basic healthy eating for August 2024. Download here to read the report.
This brief provides an overview of food prices, food inflation dynamics, its associated causes, and the cost of basic healthy eating for July 2024. Download here to read the report.
