Economic Prospects
Date Uploaded: Jul 28 2023 11:30AM
Despite downside risks in the second half of the year, an improved outlook for 2023Q2 and the smaller (revised) contraction in 2022Q4 lifts the level of SA real GDP, as well as the growth forecast for 2023 (to 0.4%, from 0.2% before).
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Despite downside risks in the second half of the year, an improved outlook for 2023Q2 and the smaller (revised) contraction in 2022Q4 lifts the level of SA real GDP, as well as the growth forecast for 2023 (to 0.4%, from 0.2% before).
Prospects (executive summary), 2023Q3
Date Uploaded: Jul 17 2023 2:30PM
Despite downside risks in the second half of the year, an improved outlook for 2023Q2 and the smaller (revised) contraction in 2022Q4 lifts the level of SA real GDP, as well as the growth forecast for 2023 (to 0.4%, from 0.2% before).
read moreDespite downside risks in the second half of the year, an improved outlook for 2023Q2 and the smaller (revised) contraction in 2022Q4 lifts the level of SA real GDP, as well as the growth forecast for 2023 (to 0.4%, from 0.2% before).
Date Uploaded: May 8 2023 3:30PM
Over the past six months, the sustained stark deterioration in the outlook for Eskom load-shedding has driven a consistent downgrade to our SA real GDP growth forecast for 2023. We have now lowered this slightly further to only 0.2%.
read moreOver the past six months, the sustained stark deterioration in the outlook for Eskom load-shedding has driven a consistent downgrade to our SA real GDP growth forecast for 2023. We have now lowered this slightly further to only 0.2%.
Prospects (executive summary), 2023Q2
Date Uploaded: Apr 20 2023 1:00PM
Over the past six months, the sustained stark deterioration in the outlook for Eskom load-shedding has driven a consistent downgrade to our SA real GDP growth forecast for 2023. We have now lowered this slightly further to only 0.2%.
read moreOver the past six months, the sustained stark deterioration in the outlook for Eskom load-shedding has driven a consistent downgrade to our SA real GDP growth forecast for 2023. We have now lowered this slightly further to only 0.2%.
Date Uploaded: Feb 21 2023 2:00PM
Real GDP growth of well below 1% is now pencilled in for SA during 2023, with a limited recovery expected during 2024.
Prospects (executive summary), 2023Q1
Date Uploaded: Jan 31 2023 11:15AM
Real GDP growth of well below 1% is now pencilled in for SA during 2023, with a limited recovery expected during 2024.
Date Uploaded: Nov 7 2022 3:00PM
Despite multiple headwinds, SA real GDP growth of just below 2% remains possible in 2022. For 2023, the growth forecast was revised down significantly to just above 1%. This mainly reflects a further downgrade to global growth prospects and the associated
read moreDespite multiple headwinds, SA real GDP growth of just below 2% remains possible in 2022. For 2023, the growth forecast was revised down significantly to just above 1%. This mainly reflects a further downgrade to global growth prospects and the associated read more
Prospects (executive summary), 2022Q4
Date Uploaded: Oct 17 2022 10:45AM
Despite multiple headwinds, SA real GDP growth of just below 2% remains possible in 2022. For 2023, the growth forecast was revised down significantly to just above 1%. This mainly reflects a further downgrade to global growth prospects and the associated
read moreDespite multiple headwinds, SA real GDP growth of just below 2% remains possible in 2022. For 2023, the growth forecast was revised down significantly to just above 1%. This mainly reflects a further downgrade to global growth prospects and the associated (projected) slump in domestic export volumes.
Date Uploaded: Jul 29 2022 4:00PM
Given several crosscurrents, we have kept the outlook for real GDP growth in 2022 largely unchanged at 2.3%. The more notable forecast changes include materially higher headline consumer inflation, a frontloaded pace of SARB interest rate hikes, and a weaker
read moreGiven several crosscurrents, we have kept the outlook for real GDP growth in 2022 largely unchanged at 2.3%. The more notable forecast changes include materially higher headline consumer inflation, a frontloaded pace of SARB interest rate hikes, and a weaker rand exchange rate (versus the US dollar).
Prospects (executive summary), 2022Q3
Date Uploaded: Jul 15 2022 2:45PM
Given several crosscurrents, we have kept the outlook for real GDP growth in 2022 largely unchanged at 2.3%. The more notable forecast changes include materially higher headline consumer inflation, a frontloaded pace of SARB interest rate hikes, and a weaker
read moreGiven several crosscurrents, we have kept the outlook for real GDP growth in 2022 largely unchanged at 2.3%. The more notable forecast changes include materially higher headline consumer inflation, a frontloaded pace of SARB interest rate hikes, and a weaker rand exchange rate.