Fragile recovery as GDP rebounds, deficit widens

JOHANNESBURG - South Africa’s economy posted a modest rebound according to the latest Quarterly Bulletin.

Output showed resilience across mining, agriculture and manufacturing.

READ | ANC reveals 10-point economic revival plan

The current account deficit widened, reflecting weaker export performance and rising external liabilities.

Inflation remains a concern, especially from volatile components like food and energy, exerting pressure on domestic purchasing power.

The Bulletin flags external vulnerabilities and emphasises the need for policy vigilance in an uncertain global climate.

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