Economic information that works for you ResearchWeeklyCommentsResearch NotesAd-Hoc researchS.E.EStellenbosch Working Paper Series BER Comment (Archive) Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures. In addition, each quarter the BER releases a comment highlighting the key results and broader macroeconomic implications of the BER’s business survey results. 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2004 2003 2002 2001 2019Q1 Business survey main results and implications at a glance Last updated: Mar 13 2019 1:10PM The pervasive deterioration in survey indicators across sectors creates the impression of an economy in a holding operation (at best) and highlights the downside risks to the GDP growth outlook for 2019. read moreThe pervasive deterioration in survey indicators across sectors creates the impression of an economy in a holding operation (at best) and highlights the downside risks to the GDP growth outlook for 2019. Space running out to counter unforeseen expenditure Last updated: Feb 21 2019 9:02AM In many ways, the 2019 Budget was a repeat of 2018 where a large, unexpected, expenditure item forced a reprioritisation of government spending, as well as tax increases. Repo rate unchanged on notable inflation improvement Last updated: Jan 17 2019 4:50PM The MPC unanimously decided to keep the repo policy interest rate unchanged at 6.75% (prime rate at 10.25%).
BER Comment (Archive) Brief note intended as a more regular interface with our clients. The emphasis is to provide our interpretation of important economic events, such as South African Reserve Bank interest rate statements, and key data releases, including GDP growth figures. In addition, each quarter the BER releases a comment highlighting the key results and broader macroeconomic implications of the BER’s business survey results. 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2004 2003 2002 2001 2019Q1 Business survey main results and implications at a glance Last updated: Mar 13 2019 1:10PM The pervasive deterioration in survey indicators across sectors creates the impression of an economy in a holding operation (at best) and highlights the downside risks to the GDP growth outlook for 2019. read moreThe pervasive deterioration in survey indicators across sectors creates the impression of an economy in a holding operation (at best) and highlights the downside risks to the GDP growth outlook for 2019. Space running out to counter unforeseen expenditure Last updated: Feb 21 2019 9:02AM In many ways, the 2019 Budget was a repeat of 2018 where a large, unexpected, expenditure item forced a reprioritisation of government spending, as well as tax increases. Repo rate unchanged on notable inflation improvement Last updated: Jan 17 2019 4:50PM The MPC unanimously decided to keep the repo policy interest rate unchanged at 6.75% (prime rate at 10.25%).