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South Africa's Economy Gets Off to Slow Start in 2016

South Africa's economy has had a sluggish start to the year, data showed Thursday, signaling tough times ahead for a country at risk of losing its investment-grade status because of slow growth. Manufacturing output in Africa's most advanced economy unexpectedly contracted by 2.5 percent year-on-year in January after rising by a revised 0.5 percent in December, Statistics South Africa said. Economists polled by Reuters had expected factory production to rise marginally by 0.2...

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