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.
Subscribers to EasyData can download the complete report in PDF format on www.easydata.co.za.