The South African economy expanded at a slightly faster pace in the fourth quarter, data from Statistics South Africa showed on Tuesday.
In real terms, gross domestic product rose 0.4 percent sequentially after a 0.3 percent increase in the third quarter. Meanwhile, economists had expected a stable growth of 0.3 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.