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SA 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll

Date: Apr 25, 2025

The South African economic growth will be a bit weaker this year than thought a month ago, partly due to trade tensions, with United States President, Donald Trump having paused a 31% tariff for 90 days

The tariffs were imposed on imports from Africa's most industrialised nation.

Economists polled by Reuters between 16 and 24 April, trimmed their forecasts by a median 0.2 percentage point to 1.5% for this year. Forecasts were in a 1.0% - 2.1% range compared with 1.3% - 2.3% in a March poll. But the forecast for 2026 was unchanged at 1.8%.

---Reuters---