n South African Food Review - News, views and reviews : editor's forum




Business Monitor International's latest confirms the country's slow economic growth. Although real GDP growth increased by 3.8 per cent in Q413, from 0.7 per cent in Q313, there was a decline in imports. The analysts suggest there are signals that a degree of economic rebalancing will be needed where the consumer sector will have to adjust to the weaker Rand by decreasing the demand for overseas products. Meanwhile, consumer spending as a whole remained relatively tepid, forecasting a limited sales growth in the near term.


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error