Pretoria - The Growth Domestic Product (GDP) expanded above forecasts by an annualised 4.1% quarter-on-quarter in the last three months of 2014 compared with a revised growth of 2.1% in the third quarter, Statistics SA said on Tuesday.
This added 1.3% on an unadjusted year-on-year basis in the fourth quarter, compared with revised growth of 1.6% in the previous three months.
Economists polled by Reuters had expected quarter-on-quarter GDP expansion of 3.7% and a year-on-year increase of 1%.