South African GDP growth slows to 1.3% in first quarter

GMT 10:13 2015 Tuesday ,26 May

Arab Today, arab today South African GDP growth slows to 1.3% in first quarter

South Africa's gross domestic product slowed
Pretoria - Arab Today

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.

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