Sas Economy Grows 0.6 In Q4, Driven By Agriculture, Trade

The South African economy grew by 0.6 in the fourth quarter of last year from a 0.1 contraction in the third quarter of 2024 .

Data released by Statistics South Africa shows that the agriculture sector contributed significantly to economic growth in the quarter, followed by finance, real estate and trade.

Gross Domestic Product came in lower than analysts' expectations, with the data showing that the countrys economy grew by 0.6 for 2024 as a whole, down from 0.7 in 2023.