Unpacking SA’s latest GDP with the Statistician-General, Risenga Maluleke
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South Africa’s economy has escaped a contraction at the start of 2025, with the economy boosted by the strong performance of the agriculture sector.
Stats SA said the South African economy remained stable in Q1 2025, expanding by a marginal 0.1% compared with Q4 2024.
Four of the ten industries on the production side of the economy recorded positive gains, with agriculture driving most of the upward momentum.
Household spending, stronger exports and a drawdown in inventories also kept the economy’s expenditure side in positive territory. Agriculture production increased by 15.9%, adding 0.4 of a percentage point in the growth figure.
Stats SA said the South African economy remained stable in Q1 2025, expanding by a marginal 0.1% compared with Q4 2024.
Four of the ten industries on the production side of the economy recorded positive gains, with agriculture driving most of the upward momentum.
Household spending, stronger exports and a drawdown in inventories also kept the economy’s expenditure side in positive territory. Agriculture production increased by 15.9%, adding 0.4 of a percentage point in the growth figure.
