The estimate of South Africa’s GDP growth taken from the demand side gave a different verdict to the supply-side version. The demand-side number was positive. The gap or residual required to reconcile the demand- and supply-side versions was 2,2 per cent of GDP. This is very large and suggests that revisions to the secondquarter number will be significant.
The CESEE region is defined here as Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Georgia, Hungary, Kosovo (this designation is without prejudice to positions on status and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo Declaration of Independence), Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia, Türkiye and Ukraine. 2.