All data is delayed
See More

Gordhan: Growth uneven, inflation subdued

May 18 2012 10:32

Cape Town - South Africa's economic expansion remains weak and uneven while inflation pressures are subdued for now, Finance Minister Pravin Gordhan said in parliament on Friday.

"Growth in and output in our economy is uneven and slow, but consumption spending remains buoyant although last month was not that good," Gordhan said during his budget vote speech to the legislature.

pravin gordhan  |  sa economy  |  gdp  |  inflation



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Comments have been closed for this article.

Company Snapshot

We're talking about:


With infrastructure spending having been identified as one of the key focus areas of the National Development Plan, tradesmen will continue to play a critical role in growing the South African economy through their skills.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

A 30% a month return on investment is:

Previous results · Suggest a vote