PRETORIA (Reuters) - South Africa's economy grew by 3.1 percent in the fourth quarter of 2017 after expanding by a revised 2.3 percent in the third quarter largely driven by a recovery in agriculture, Statistics South Africa said on Tuesday.
Gross domestic product rose 1.5 percent on an unadjusted year-on-year basis in the fourth quarter, compared with a revised 1.3 percent expansion in the previous three months, the agency said.
Economists polled by Reuters had expected a quarter-on-quarter GDP expansion of 1.8 percent while the economy was seen expanding 1.4 percent year-on-year.
The economy grew by 1.3 percent in 2017 compared a revised h 0.6 percent in 2016, the agency said.