South Africa’s economy recorded its sixth consecutive quarter of growth in the first three months of 2026 although the expansion remained subdued at 0.5 percent, according to data released on Tuesday by Statistics South Africa (Stats SA).
The agency said the modest rise in real GDP was driven mainly by gains in finance, agriculture, trade and transport, while manufacturing continued to contract.
Stats SA reported that the finance sector was the largest contributor to growth, expanding by 0.9 percent and adding 0.2 percentage points to GDP.
Agriculture grew for the sixth straight quarter, rising by 3.9 percent on the back of stronger field crop and horticulture output, particularly fruit.
Trade also extended its positive run, supported by wholesale and motor trade, food and beverages and accommodation, although retail activity was flat.
Transport and communication increased by 0.7 percent, lifted by land and air transport, though communications activity declined.
Mining output strengthened due to higher production of platinum group metals, gold, chromium ore and diamonds.
Manufacturing, however, shrank by 0.8 percent, its second consecutive quarterly decline, weighed down by weaker performance in petroleum and chemicals, iron and steel, and wood, paper and publishing.
Stats SA noted that the conflict in the Middle East, which escalated in late February, contributed to sharp fuel price increases in April. The impact of these price pressures may be reflected in second‑quarter GDP figures to be released in September.
JN/APA