South Africa Economic Indicators (Monthly Report)

A monthly overview of some important economic indicators. The latest leading indicator release of the SA Reserve Bank is discussed and a recession probability indicator is calculated. Interest rate developments, inflation, liquidations, insolvencies, retail sales and mining and manufacturing production developments and trends are also shown and briefly discussed. Tables of key international and monthly indicators are also provided.


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South Africa Economic Indicator (Monthly Report) - October 2019

A mid slowing global growth and rising trade tensions, several central banks, including the US Federal Reserve, have been easing monetary policy.

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South Africa Economic Indicator (Monthly Report) - September 2019

The rand and local bond markets responded positively to the upside growth surprise.

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South Africa Economic Indicator (Monthly Report) - August 2019

South Africa’s economy remains in limbo with the probability of a recession appearing to be on the rise.

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South Africa Economic Indicator (Monthly Report) - July 2019

In May, household credit growth remained more or less steady at 6.1% year-on-year compared with 6% recorded in April.

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South Africa Economic Indicator (Monthly Report) - June 2019

South Africa’s real GDP contracted by 3.2%, quarter-on-quarter seasonally adjusted and annualised (q/q saar), in the first quarter of 2019 from 1.4% recorded in the previous quarter.

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South Africa Economic Indicator (Monthly Report) - May 2019

GDP growth slowed to 1.4% q/q seasonally adjusted and annualised (saar) in 4Q2018 from 2.6% in 3Q18.

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South Africa Economic Indicator (Monthly Report) - April 2019

Renewed power cuts by Eskom and the plunge in business confidence, are augmenting concerns about further downside risks to near-term growth.

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South Africa Economic Indicator (Monthly Report) - March 2019

GDP growth slowed to 1.4% q/q seasonally adjusted and annualised (saar) from 2.6% in 3Q18.

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South Africa Economic Indicator (Monthly Report) - February 2019

The composite leading business cycle indicator decreased by 0.3% month-to-month in November 2018.

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South Africa Economic Indicator (Monthly Report) - January 2019

Seasonally adjusted manufacturing production increased by 1.1% in October 2018 compared with September 2018.

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