Cape Town - Economic activity expanded at a significantly firmer pace in the fourth quarter of 2014, the SA Reserve Bank (SARB) said on Tuesday.
In its latest Quarterly Bulletin, it said real gross domestic product (GDP) increased at an annualised rate of 4.1%, almost double the rate of increase recorded in the third quarter.
The acceleration largely reflected a rebound in sectors producing goods, following severe strike-induced disruptions earlier in 2014.