Economists Expect Stagnant Economy In The First Quarter

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economists expect stagnant economy in the first quarter

Standard Bank economist Dr Elna Moolman expects the economy not to have grown in the first quarter of this year.

This comes after South Africas economy grew by 0.6 in the final quarter of last year, helping to avoid a recession.

Statistics South Africa will today release the figures for the 2025 first quarter.

Recent data from key sectors like mining, manufacturing and electricity production has shown signs of a struggle, with agriculture tipped to be the star performer.

Moolman says the poor performance can be attributed to uncertainty during the period under review.