Stats SA reports marginal economic growth of 0.1% in first quarter – SABC News


South Africa’s economy had a marginal 0.1% growth in the first quarter of this year.

This follows a downwardly revised increase of 0.4% in the fourth quarter of 2024.

Statistics South Africa’s newly released data shows that contributions to the growth came from agriculture, forestry and fishing, transport, storage and communication.

The finance, real estate and business services industries have also been mentioned.

Gross Domestic Growth was recorded at 0.8% on an annual basis.

Statistician General Risenga Maluleke says, “While they grew, they could not offset a minimal growth of 0.1% which was largely led by a drawdown that came from industries such as manufacturing having contributed -2% and mining contributing the same, -2% as well as -4,1% respectively.”



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