3 June 2025, 12:46 South Africa: Economy Barely Grows in Q1.
The South African economy rose by just 0.1% on quarter in Q1 2025, following a downwardly revised 0.6% increase in the previous quarter and compared with market expectations of no growth. Four out of ten industries registered growth, with agriculture (+15.2%) contributing the most, followed by transport (+2.4%), trade (+0.5%) and finance (+0.2%).The manufacturing sector was the largest drag, declining by 2.0%, while the mining and quarrying industry also contracted sharply, down 4.1%, mainly due to persistent inefficiencies in vital infrastructure. On a yearly basis, the GDP grew by 0.8% in Q1, the same pace as in the previous period.
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