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Petrol price (Gauteng) = 16.32/litre  Petrol price (Coastal) = 15.62/litre  CPI January '21 = 3.2% y-o-y  PPI manufacturing January '21 = 3.5%  GDP growth Q4 = -0.6% y-o-y  Prime interest rate = 7%  Unemployment rate Q4 = 32.5%  Retail sales December '20 = -1.3% y-o-y  Manufacturing output December '20 = 1.8% y-o-y 
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Economic Prospects

Detailed quarterly forecast report of the South African economy for the coming 18-24 months. The focus is on current economic trends, both domestically and globally, as well as forecasts of the most important macroeconomic variables, including inflation, interest and exchange rates, GDP growth and household consumption.

Economic Prospects, 2021Q1 (Download sample)

Last updated: Feb 10 2021 2:57PM

The latest forecast update sees more of the GDP recovery from the 2020 crash delayed into 2022.


Prospects (Executive summary), 2021Q1

Last updated: Jan 28 2021 9:34AM

The latest forecast update sees more of the GDP recovery from the 2020 crash delayed into 2022.


Economic Prospects, 2020Q4 (Download sample)

Last updated: Nov 27 2020 11:19AM

The expected decline in real GDP for 2020 was revised to -8.3%, from -8.7% before. This will be re-looked at after the release of the Q3 GDP figures on 8 December.


Prospects (Executive summary), 2020Q4

Last updated: Oct 19 2020 10:07AM

Despite upgrades to the real GDP outlook, a difficult and protracted economic recovery remains the baseline scenario.


Economic Prospects, 2020Q3 (Download sample)

Last updated: Aug 19 2020 1:34PM

SA economic activity has started a tentative sequential recovery from the dramatic lockdown-induced collapse in April. However, the return to pre-COVID GDP levels is likely to lag the experience of SA’s major trading partners. read more
SA economic activity has started a tentative sequential recovery from the dramatic lockdown-induced collapse in April. However, the return to pre-COVID GDP levels is likely to lag the experience of SA’s major trading partners.


Economic Prospects (Short Summary), 2020Q3

Last updated: Aug 19 2020 2:21PM

SA economic activity has started a tentative sequential recovery from the dramatic lockdown-induced collapse in April. However, the return to pre-COVID GDP levels is likely to lag the experience of SA’s major trading partners. read more
SA economic activity has started a tentative sequential recovery from the dramatic lockdown-induced collapse in April. However, the return to pre-COVID GDP levels is likely to lag the experience of SA’s major trading partners.


Economic Prospects (Executive Summary), 2020Q3

Last updated: Aug 1 2020 7:18AM

With a somewhat less severe Q2 decline than envisaged before, but a weak recovery pencilled in for the rest of the year, SA real GDP is forecast to contract by 8.7% during 2020.


Economic Prospects (Executive Summary), 2020Q2

Last updated: May 13 2020 5:26PM

A severe global recession, domestic non-pharmaceutical interventions and existing SA vulnerabilities make for an unpleasant combination when considering the outlook for the SA economy.


Economic Prospects, 2020Q2 (Download sample)

Last updated: May 13 2020 5:25PM

A severe global recession, domestic non-pharmaceutical interventions and existing SA vulnerabilities make for an unpleasant combination when considering the outlook for the SA economy.


Economic Prospects, 2020Q1 (Download sample)

Last updated: Feb 10 2020 3:32PM

Besides the normal macro forecasts, this edition contains a write-up of BER scenario modelling work on the potential GDP impact of increased Eskom load shedding.


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