The economy began the year on a sour note, contracting as global and domestic factors hobbled production, which will result in growth of 1% or less for the year.
Most economists are forecasting a contraction in GDP of 1.5% in the first three months of this year. Stats SA will release the GDP figures on Tuesday.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now