South Africa Fixed Capital Formation and Capital Stock (Quarterly Report) - February 2017

Given the persistence of balance of payments pressures, slowing domestic growth and an upward bias in longterm interest rates, real capital formation growth will remain under pressure during 2016-2018. Real GFCF growth is expected to amount to -3.9% in 2016, improving to 0% in 2017 and 0.7% in 2018.

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