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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04 February 2019
The composite leading business cycle indicator decreased by 0.3% month-to-month in November 2018.
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08 January 2019
Seasonally adjusted manufacturing production increased by 1.1% in October 2018 compared with September 2018.
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10 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.
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09 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.
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10 September 2018
Second quarter 2018 GDP measured -0.7% (quarter-on-quarter seasonally adjusted and annualised).
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06 August 2018
Recent data hint at a recovery in mining and manufacturing production.
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09 July 2018
Global growth is likely to accelerate to 3.1% in 2018, while South Africa remains a laggard in the growth league.
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06 June 2018
The latest release of South African GDP numbers (from the production side) by StatsSA, show just how precarious the country’s economic situation still is.
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08 May 2018
Various consumer confidence surveys report a significant improvement in sentiment.
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12 April 2018
The domestic economic growth outlook for this year is gradually improving but remains challenging.
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