Economic information that works for you ForecastsBMR ConsensusEconomic ProspectsEconomic OutlookMost recent forecastsUpdate (Archive) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2007 2006 2005 2004 2003 2002 2001 Latest forecasts_2 years_Sept '23 Date Uploaded: Sep 13 2023 4:30PM In this interim forecast update, we adjusted real GDP growth in 2023 somewhat higher to 0.6%. The headline CPI forecast was nudged up to an average of 5.9% in 2023 to account for higher fuel costs amid a rising oil price and sustained rand weakness. read moreIn this interim forecast update, we adjusted real GDP growth in 2023 somewhat higher to 0.6%. The headline CPI forecast was nudged up to an average of 5.9% in 2023 to account for higher fuel costs amid a rising oil price and sustained rand weakness. Latest forecasts_2 years_Jul '23 Date Uploaded: Jul 28 2023 11:25AM Latest forecasts_6 years_Jul '23 Date Uploaded: Jul 17 2023 2:30PM Latest forecasts_2 years_Jun '23 Date Uploaded: Jun 8 2023 2:00PM In this interim forecast update, we adjusted the near-term oil price lower, while the rand is notably weaker vs. major currencies than projected in the April forecast run. Along with a lower-than-expected CPI print for April, the combination of a lower oil read moreIn this interim forecast update, we adjusted the near-term oil price lower, while the rand is notably weaker vs. major currencies than projected in the April forecast run. Along with a lower-than-expected CPI print for April, the combination of a lower oil price/weaker rand sees a largely unchanged SA inflation outlook. For now, as outlined in our 2023Q1 GDP comment, we also kept the real GDP growth forecast for 2023 (0.2%) and 2024 (1.4%) unchanged. However, the projected growth in the underlying GDP components is different. A more detailed forecast update will be done in the first half of July. Latest forecasts_6 years_Jun '23 Date Uploaded: Jun 8 2023 2:00PM Latest forecasts_2 years_Apr '23 Date Uploaded: Apr 21 2023 4:30AM Latest forecasts_6 years_Apr '23 Date Uploaded: Apr 20 2023 12:15PM Latest forecasts_3 years_Mar '23 update Date Uploaded: Mar 14 2023 12:45PM In this interim forecast update, the real GDP growth forecast for 2023 has been revised even lower, while the near-term outlook for the rand exchange rate has also deteriorated. Latest forecasts_6 years_Mar '23 update Date Uploaded: Mar 14 2023 12:45PM Latest forecasts_3 years_Jan '23 Date Uploaded: Jan 30 2023 12:30PM Latest forecasts_6 years_Jan '23 Date Uploaded: Jan 30 2023 12:30PM
(Archive) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2007 2006 2005 2004 2003 2002 2001 Latest forecasts_2 years_Sept '23 Date Uploaded: Sep 13 2023 4:30PM In this interim forecast update, we adjusted real GDP growth in 2023 somewhat higher to 0.6%. The headline CPI forecast was nudged up to an average of 5.9% in 2023 to account for higher fuel costs amid a rising oil price and sustained rand weakness. read moreIn this interim forecast update, we adjusted real GDP growth in 2023 somewhat higher to 0.6%. The headline CPI forecast was nudged up to an average of 5.9% in 2023 to account for higher fuel costs amid a rising oil price and sustained rand weakness. Latest forecasts_2 years_Jul '23 Date Uploaded: Jul 28 2023 11:25AM Latest forecasts_6 years_Jul '23 Date Uploaded: Jul 17 2023 2:30PM Latest forecasts_2 years_Jun '23 Date Uploaded: Jun 8 2023 2:00PM In this interim forecast update, we adjusted the near-term oil price lower, while the rand is notably weaker vs. major currencies than projected in the April forecast run. Along with a lower-than-expected CPI print for April, the combination of a lower oil read moreIn this interim forecast update, we adjusted the near-term oil price lower, while the rand is notably weaker vs. major currencies than projected in the April forecast run. Along with a lower-than-expected CPI print for April, the combination of a lower oil price/weaker rand sees a largely unchanged SA inflation outlook. For now, as outlined in our 2023Q1 GDP comment, we also kept the real GDP growth forecast for 2023 (0.2%) and 2024 (1.4%) unchanged. However, the projected growth in the underlying GDP components is different. A more detailed forecast update will be done in the first half of July. Latest forecasts_6 years_Jun '23 Date Uploaded: Jun 8 2023 2:00PM Latest forecasts_2 years_Apr '23 Date Uploaded: Apr 21 2023 4:30AM Latest forecasts_6 years_Apr '23 Date Uploaded: Apr 20 2023 12:15PM Latest forecasts_3 years_Mar '23 update Date Uploaded: Mar 14 2023 12:45PM In this interim forecast update, the real GDP growth forecast for 2023 has been revised even lower, while the near-term outlook for the rand exchange rate has also deteriorated. Latest forecasts_6 years_Mar '23 update Date Uploaded: Mar 14 2023 12:45PM Latest forecasts_3 years_Jan '23 Date Uploaded: Jan 30 2023 12:30PM Latest forecasts_6 years_Jan '23 Date Uploaded: Jan 30 2023 12:30PM