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GDP Expected to Reach 3.8% in 2011

18 February 2011 By Alan Straton

Growth of the South African economy is forecast to reach 3.8 percent in 2011, the Bureau for Economic Research (BER) said on Thursday. "For 2011, the BER has made an upward revision to the SA GDP growth forecast of 0.4 percent points to 3.8 percent," the BER said in its first quarter prospects for the South African economy. The improved outlook stems from a more optimistic projection of household consumption expenditure. "The result is that gross domestic expenditure (GDE), the broadest … [Read more...] about GDP Expected to Reach 3.8% in 2011

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