{"id":9096,"date":"2012-03-19T15:21:47","date_gmt":"2012-03-19T13:21:47","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-africa-q4-expenditure-growth-quickens-to-5-1-pct\/"},"modified":"2012-03-19T15:21:47","modified_gmt":"2012-03-19T13:21:47","slug":"s-africa-q4-expenditure-growth-quickens-to-5-1-pct","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-q4-expenditure-growth-quickens-to-5-1-pct\/","title":{"rendered":"S.Africa Q4 expenditure growth quickens to 5.1 pct"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">PRETORIA, March 19<\/span> (Reuters) &#8211; Spending growth in South<br \/>\nAfrica&#8217;s economy quickened in the fourth quarter of 2011, helped<br \/>\nby increased spending by both households and the government, the<br \/>\ncentral bank said on Monday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>In its March Quarterly Bulletin, the South African Reserve<br \/>\nBank said growth in aggregate real gross domestic expenditure<br \/>\naccelerated to an annualised  5.1 percent in the fourth quarter<br \/>\nfrom 4.8 percent in the second quarter.<\/p>\n<p><span><\/span><\/p>\n<p>Household expenditure was up 4.6 percent in the last three<br \/>\nmonths of the year, compared with a 3.8 percent rise in the<br \/>\nthird quarter.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;This faster pace of spending was consistent with a further<br \/>\nincrease in disposable income of households and positive wealth<br \/>\neffects,&#8221; the central bank said.<\/p>\n<p><span><\/span><\/p>\n<p>It said the growth in spending by households was seen across<br \/>\nall categories, with spending on services in particular<br \/>\nregaining momentum.<\/p>\n<p><span><\/span><\/p>\n<p>The ratio of household debt to disposable income inched lower<br \/>\nto 74.6 percent in the fourth quarter from 75.6 percent in the<br \/>\nthird.\t<\/p>\n<p> (Reporting by Stella Mapenzauswa, editing by Ed Stoddard)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRETORIA, March 19 (Reuters) &#8211; Spending growth in South Africa&#8217;s economy quickened in the fourth quarter of 2011, helped by increased spending by both households and the government, the central bank said on Monday. In its March Quarterly Bulletin, the South African Reserve Bank said growth in aggregate real gross domestic expenditure accelerated to an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9096","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9096"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9096\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}