Impumelelo Lab barometer shows progress on economic reforms remains uneven
Economic research institution the Impumelelo Economic Growth Lab, at the Bureau for Economic Research (BER), launched a new barometer on March 11 that assesses whether structural reforms are translating into measurable improvements in South Africa’s economic performance. The barometer shows that progress remains slow and uneven. Between 2024 and 2025, the real GDP growth rate doubled from 0.5% to 1.1%; however, the recovery was largely owing to strong household consumption, which had risen for seven consecutive quarters by the fourth quarter of 2025.
Economic research institution the Impumelelo Economic Growth Lab, at the Bureau for Economic Research (BER), launched a new barometer on March 11 that assesses whether structural reforms are translating into measurable improvements in South Africa’s economic performance. The barometer shows that progress remains slow and uneven. Between 2024 and 2025, the real GDP growth rate doubled from 0.5% to 1.1%; however, the recovery was largely owing to strong household consumption, which had risen for seven consecutive quarters by the fourth quarter of 2025.
What's Your Reaction?
theprofiler
A profiler of note
