The increase, which follows a contraction in the third quarter of 2021, was slightly below market estimates
SA’s economy expanded by 1.2% in the fourth quarter of 2021, while annual real GDP increased by 4.9% in 2021, after a decrease of 6.4% in 2020, according to data released by Stats SA on Tuesday.
The increase, which follows an upwardly revised 1.7% contraction in the third quarter of 2021, was slightly below market estimates of a 1.3% rise...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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