GDP increases by 1.2%

[SOURCE, FIN24] South Africa’s economic growth was slightly stronger than expected in the fourth quarter of 2021, with real gross domestic product (GDP) growing by 1.2%. Hit by the impact of July’s civil unrest, the economy shrank by 1.7%. in the third quarter. Economists were expecting growth of around 1% in the fourth quarter. Agriculture, forestry and fishing saw the strongest growth (+12.2%) in the fourth quarter, with personal services, trade as well as manufacturing also driving growth. <a href="https://kaya959.co.za">Kaya 959</a>