GDP decline: Fewer salary increases or chances of tax relief may be on the cards
Higher long-term interest rates are also likely.
News
Follow to see every story about this in your feed.
2 795 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Showing matches from The Citizen. Clear
Higher long-term interest rates are also likely.
This marks the sixth consecutive quarter of growth.
Real GDP increased by 1.1% in 2025, following a 0.5% increase in 2024.
'Over the medium term, growth is expected to average 1.8%, reaching 2% by 2028'.
Even if economic growth did really well in the fourth quarter, there is not a big chance that economic growth will exceed 1%, economists say.
While only eight industries grew in the second quarter, nine of them grew in the third quarter, supporting the overall GDP.