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IMF lowers South Africa's 2026 growth forecast to 1%
The IMF now expects inflation to average 4.4% this year, up from the 3.9% it forecast in April, and unemployment to average 33.2%, against 32.5% in April.
South Africa's news, from the source
Gross domestic product, the measure of how fast South Africa's economy is growing or shrinking, with the sectors behind each quarter's number.
The IMF now expects inflation to average 4.4% this year, up from the 3.9% it forecast in April, and unemployment to average 33.2%, against 32.5% in April.