Study Reveals South Africa's Agricultural Sector Underreported

Reported 1 day ago

A recent study by Agri SA has found that South Africa's Statistics Agency significantly underreported the contraction of the agricultural sector, suggesting a reform in data calculations is necessary. The agency initially reported a 15.5% decline in the farming sector, but the study indicates a more modest decrease of 5% to 6%. Adjusting for inflation, it recommends an increase of 10.8 billion rand in agricultural GDP, suggesting that the economy may have grown by 0.7% instead of the reported 0.4%.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis