South Africa's economy slightly grows in Q1

JOHANNESBURG, June 6 (Xinhua) -- South Africa's gross domestic product (GDP) increased 0.4 percent on a quarter-on-quarter basis in the first quarter of 2023 (Q1), following a decrease of 1.1 percent in the fourth quarter last year, official data showed Tuesday.

Eight industries saw increases in Q1, with manufacturing, finance, real estate and business services making up the majority of the gains, according to the data released by Statistics South Africa.