ModernGhanalogo

FEATURED: Ghana Back To Hipc Not True – Oppong Nkrumah...

body-container-line-1
26.05.2015 South Africa

S.African GDP growth slows to 1.3% in first quarter

By AFP
South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015.  By Rodger Bosch (AFP/File)
LISTEN MAY 26, 2015
South Africa's gross domestic product slowed to 1.3 percent in the first months of 2015. By Rodger Bosch (AFP/File)

Pretoria (AFP) - South Africa's gross domestic product slowed to a disappointing 1.3 percent in the first months of 2015, official data showed Tuesday, as rolling power cuts dampened manufacturing output.

The quarter-on-quarter figure announced by Statistics South Africa was sharply below growth of 4.1 percent in the last quarter of 2014 as the country struggles with an electricity crisis and high unemployment.

Powered By Modern Ghana
body-container-line