PRETORIA May 29 (Reuters) – South Africa’s economic growth
slowed to 2.7 percent in the first quarter of 2012 on a
seasonally adjusted and annualised basis, compared with 3.2
percent rise in the fourth quarter of last year, data showed on
Tuesday.
On an unadjusted year-on-year basis, economic growth was at
2.1 percent in Q1 from 2.9 percent in the fourth quarter.
A Reuters poll of 12 economists last week forecast
quarter-on-quarter growth of 2.4 percent in Q1 while
year-on-year expansion was seen at 2.2 percent.
(Reporting by Xola Potelwa)
© Thomson Reuters 2012 All rights reserved
