PRETORIA Feb 28 (Reuters) – South Africa’s economic
growth accelerated to 3.2 percent in the fourth quarter of 2011
on a seasonally adjusted and annualised basis, compared with an
upwardly revised 1.7 percent rise in Q3, data showed on Tuesday.
On an unadjusted year-on-year basis, economic growth was at
2.9 percent in Q4 from a revised 3.0 percent in the third
quarter.
A Reuters poll of 15 economists last week forecast
quarter-on-quarter growth of 3.1 percent in Q4, on a seasonally
adjusted and annualised basis, while unadjusted year-on-year
expansion was seen at 2.6 percent.
(Reporting by Xola Potelwa; Editing by Stella Mapenzauswa)
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