SA avoids a recession but outlook is bleak
GDP up a marginal 0.1%, with constraints likely to undermine growth for most of the year
05 March 2024 - 12:21
UPDATED 05 March 2024 - 23:37
SA’s economy saw a small uptick in the three months to the end of December, narrowly escaping a technical recession. But structural constraints, together with a high-cost environment, continue to weigh on growth prospects.
Data released by Stats SA on Tuesday shows GDP grew a marginal 0.1% in the fourth quarter, following a 0.2% contraction in the third quarter...
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