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.


  Learn more  Find out more about the EasyData Macroeconomic Service and how to become a subscriber.


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.

Read more…

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.

Read more…

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.

Read more…

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.

Read more…

South Africa Economic Indicator (Monthly Report) - February 2019

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

Read more…

South Africa Economic Indicator (Monthly Report) - January 2019

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

Read more…

South Africa Economic Indicator (Monthly Report) - December 2018

The above-consensus third quarter 2018 GDP growth of 2.2% (q/q seasonally adjusted annualised), meant that the economy emerged from the first-half 2018 recession.

Read more…

South Africa Economic Indicators (Monthly Report) - October 2018

South Africa’s composite leading business cycle indicator continue to exhibit unprecedented volatility, with only some slight upward bias noticeable since late 2016.

Read more…

South Africa Economic Indicators (Monthly Report) - September 2018

Second quarter 2018 GDP measured -0.7% (quarter-on-quarter seasonally adjusted and annualised).

Read more…

South Africa Economic Indicators (Monthly Report) - August 2018

Recent data hint at a recovery in mining and manufacturing production.

Read more…