South Africa's Economic Growth Continues, But Pace Slows
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South Africa's economy grew for the fourth consecutive quarter, though at a reduced speed. Official data shows the economy expanded by 0.5% in the third quarter, covering July to September.
Statistics South Africa released the figures. The growth follows a 0.7% increase in the previous quarter, indicating a slowdown in economic momentum.
This continued, though modest, growth suggests a gradual recovery. The economy has now grown for a full year after a period of contraction.