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2025.09.0909:42:20UTC+00South Africa Economy Expands More than Anticipated

In the second quarter of 2025, the South African economy experienced a quarter-on-quarter growth of 0.8%, surpassing the previous period's marginal increase of 0.1% and exceeding predictions of a 0.5% rise. Though modest, this marks the most robust quarterly growth since the second quarter of 2023. Growth was observed in eight out of ten sectors, with manufacturing leading the way at a 1.8% increase, followed by mining at 3.7%, and trade at 1.7%. On the expenditure front, enhanced household consumption coupled with reduced import levels maintained this upward trajectory. Annually, the GDP rose by 0.6% in the second quarter, a slight drop from the 0.8% growth recorded in the previous quarter. Looking at the first half of the year, the South African economy expanded by 0.7%.

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