Economic Prospects
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.
Date Uploaded: May 13 2022 10:15AM
Despite several adverse recent events, the latest forecast raised the real GDP growth projection for 2022 to above 2%. The consumer inflation forecast has again been lifted, while a healthier near-term current account surplus is projected.
read moreDespite several adverse recent events, the latest forecast raised the real GDP growth projection for 2022 to above 2%. The consumer inflation forecast has again been lifted, while a healthier near-term current account surplus is projected.
Prospects (executive summary), 2022Q2
Date Uploaded: Apr 25 2022 12:30PM
Despite several adverse recent events, the latest forecast raised the real GDP growth projection for 2022 to above 2%. The consumer inflation forecast has again been lifted, while a healthier near-term current account surplus is projected.
read moreDespite several adverse recent events, the latest forecast raised the real GDP growth projection for 2022 to above 2%. The consumer inflation forecast has again been lifted, while a healthier near-term current account surplus is projected.
Date Uploaded: Feb 14 2022 5:45PM
The latest forecast update sees real GDP growth of just below 2% for 2022 and 2023, as well as an upward revision to the inflation and policy interest rate outlook.
Prospects (executive summary), 2022Q1
Date Uploaded: Jan 28 2022 1:30PM
The latest forecast update sees real GDP growth of just below 2% for 2022 and 2023, as well as an upward revision to the inflation and policy interest rate outlook.
Date Uploaded: Nov 15 2021 8:00AM
Key changes to the forecast include real GDP growth of more than 5% in 2021, an earlier start to the SARB interest rate hiking cycle, and a much-improved short-term fiscal situation.
Prospects (executive summary), 2021Q4
Date Uploaded: Oct 15 2021 2:00PM
Key changes to the forecast include real GDP growth of more than 5% in 2021, an earlier start to the SARB interest rate hiking cycle, and a much-improved short-term fiscal situation.