EXPLAINER | Why GDP matters

JOHANNESBURG - Stats SA is releasing the latest Gross Domestic Product (GDP) numbers just before lunchtime on Tuesday.

That's for the second Quarter of the year.

Experts believe that despite a challenging past decade, the South African economy is on the up and up.

However, in the first Quarter of 2024, GDP declined by 0.1%.

What does this mean, and how does it affect you directly?

eNCA explains in this report.