TITLE

South Africa: Growth Surprises On The Upside

PUB. DATE
March 2007
SOURCE
Emerging Markets Monitor;3/12/2007, Vol. 12 Issue 46, p20
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents an outlook for the South African economy in 2007. Real gross domestic product (GDP) growth increased to an annualised rate of 5.6% in the fourth quarter of 2006. It predicts that the South African Reserve Bank (SARB) will likely keep interest rates on hold at its next Monetary Policy Committee meeting in April 2007. It expects the transportation industry to improve substantially in the future.
ACCESSION #
24346060

 

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