06 Oct 2011Economists trimmed their growth forecasts further for South Africa for 2011 and the following two years and said interest rates would stay low for longer, reflecting the impact of a worsening global outlook, a Reuters poll showed on Thursday.
The Reuters Econometer poll - an index of six weighted indicators that looks two years ahead - showed a median consensus for GDP growth of 3.2 percent this year and 3.4 percent in 2012, both forecasts slightly lower than those given in the August poll.
http://www.iol.co.za/business/business-news/sa-interest-rates-seen-lower-for-longer-1.1152029
