Economics

South Africa to Overhaul GDP Data From September

  • Base year for measuring GDP to change to 2015 from 2010
  • GDP estimates from second quarter to be done with new weights
Pedestrians walk along a roadway back-dropped by commercial and residential buildings in the Sandton district of Johannesburg, South Africa.Photographer: Waldo Swiegers/Bloomberg
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South Africa’s statistics agency will overhaul economic output data and revise the weights of the various sectors that are used to calculate gross domestic product.