PRETORIA (Reuters) – South Africa’s economy expanded 0.4% in the second quarter of 2024 in seasonally-adjusted quarter-on-quarter terms, data from the statistics agency showed on Tuesday.
Economists polled by Reuters had predicted quarter-on-quarter growth of 0.5% in the April-June period.
Second-quarter gross domestic product grew 0.3% on a year-on-year basis, compared with economists’ forecasts for 0.4% growth.
(Reporting by Kopano Gumbi; Additional reporting by Tannur Anders; Editing by Alexander Winning)
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