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South Africa Economic Indicators — October 2021 Report

October 11, 2021

There was a slight uptick in seasonally adjusted household credit extension in August. However, underlying weakness in credit-uptake remain prevalent — not only due to the depressing unrest/looting spree in July, but also in the months preceding the unrest. The Covid-19 pandemic and resulting job losses played a significant role in negative/weak economic growth, declining employment and real fixed capital formation figures that are still back at those recorded a decade ago.

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


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