India, March 4 -- South Africa's economy recovered in the fourth quarter on a sharp rebound in agriculture output, data from Statistics South Africa showed Tuesday.
Real gross domestic product increased 0.6 percent in the fourth quarter, following a decrease of 0.1 percent in the third quarter. This was the biggest growth since the second quarter of 2023.
On a yearly basis, GDP climbed 0.9 percent compared to a 0.4 percent rise in the third quarter.
Agriculture output surged 17.2 percent sequentially, while mining, manufacturing and construction shrank 0.2 percent, 0.6 percent and 0.4 percent, respectively. On the expenditure-side, household final consumption expenditure increased 1.0 percent, while government consumption dropped 0.8 per...