South African economy shows slight growth in Q1 2025

Published 03/06/2025, 10:36
South African economy shows slight growth in Q1 2025

Investing.com -- South Africa’s economy recorded a minor growth of 0.1% in the first quarter of 2025, according to data from the statistics agency released on Tuesday.

The growth rate was measured in seasonally-adjusted quarter-on-quarter terms.

Prior to the release of the data, economists had anticipated that the gross domestic product (GDP) would remain the same as the previous quarter.

The first quarter GDP, however, showed an increase of 0.8% on a year-on-year basis, which was slightly higher than economists’ predictions of 0.7% growth.

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