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No interest rate cut expected despite inflation dip, say economists
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South Africa: When Strong Institutions and Massive Inequalities Collide
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But the recovery is expected to stall in the first quarter. 00:01
Q1 activity might have been higher if not for the more stringent lockdown regulations in place until the end of January and February being a short month. Image: Supplied
The fourth quarter of 2020 saw activity levels in the building and construction sectors continue on a pronounced recovery path that started in the previous quarter.
The latest Afrimat Construction Index, a composite index of the level of activity within the building and construction sectors, released on Tuesday, revealed that the index improved to 111.3 in the fourth quarter of 2020, which is 60% higher than during the Covid-19 lockdown-hit second quarter of 2020.
Non-residential building sector performs dismally in Q1
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