💨 Abstract

South Africa's economy grew at a modest 0.6% in 2024, avoiding a recession in the final quarter due to a rebound in the agricultural sector. The growth was mainly driven by the agriculture, finance, and trade sectors. The Democratic Alliance criticized the economy as stagnant and urged immediate action to prevent further economic decline. Inflation rose to 3.2% in January.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖