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The results of the Inflation Expectation Survey are provided in a quarterly report that is accompanied by an excel file containing the historic survey data.
The Absa Manufacturing Survey is a brisk quarterly report on the results and implications of the latest BER survey of manufacturing firms.
A brisk quarterly report on the results, as well as implications, of the latest BER survey in the trade sectors.
The BER Other Services Survey provides the latest trends and outlook for hotels, restaurants, transport, real estate and business services.
A brisk quarterly report on the results and implications of the latest BER survey in the building and construction industry.
On average, analysts, business people and trade union officials think that consumer inflation will now stabilise at the 4.5%-target midpoint. They foresee it to be around this level from 2024 to 2026. Even in the longer run (the next five years), they foresee inflation practically at the target midpoint. The one-year-ahead inflation expectations of households ticked down by 0.3 percentage points (% pts) to 6.6%. As such, their expectations have drifted relatively sideways this year. On average, the three social groups still expect GDP growth of only 1% in 2024 and 1.5% in 2025. In the case of salaries and wages, the three groups now anticipate these to increase by less than 5% this year and next (4.8% and 4.9% respectively).
Read MoreOn average, analysts, business people and trade union officials think that consumer inflation will now stabilise at the 4.5%-target midpoint. They foresee it to be around this level from 2024 to 2026. Even in the longer run (the next five years), they foresee inflation practically at the target midpoint. The one-year-ahead inflation expectations of households ticked down by 0.3 percentage points (% pts) to 6.6%. As such, their expectations have drifted relatively sideways this year. On average, the three social groups still expect GDP growth of only 1% in 2024 and 1.5% in 2025. In the case of salaries and wages, the three groups now anticipate these to increase by less than 5% this year and next (4.8% and 4.9% respectively).
Read MoreThe average inflation expectations of analysts, business people and trade unions declined again during the third quarter survey. They now expect headline inflation to be 5.1% this year, before subsiding to 4.8% in both 2025 and 2026. In the second quarter they still expected consumer inflation to register 5.3% this year and fall to 4.9% in 2026.
Read MoreThe average inflation expectations of analysts, business people and trade unions declined again during the third quarter survey. They now expect headline inflation to be 5.1% this year, before subsiding to 4.8% in both 2025 and 2026. In the second quarter they still expected consumer inflation to register 5.3% this year and fall to 4.9% in 2026.
Read MoreDuring the second quarter of 2024, analysts, business people, and trade union officials all lowered their CPI inflation forecast for the entire three-year horizon. On average, they now anticipate inflation of 5.3% in 2024, 5.0% in 2025, and 4.9% in 2026. Their five-year inflation forecast fell below 5% (to 4.9%) for the first time since the fourth quarter of 2021. One-year-ahead inflation expectations of households continued to trend downward in the second quarter of 2024. It reached 6.4%, from a recent peak of 8.1% a year ago.
Read MoreDuring the second quarter of 2024, analysts, business people, and trade union officials all lowered their CPI inflation forecast for the entire three-year horizon. On average, they now anticipate inflation of 5.3% in 2024, 5.0% in 2025, and 4.9% in 2026. Their five-year inflation forecast fell below 5% (to 4.9%) for the first time since the fourth quarter of 2021. One-year-ahead inflation expectations of households continued to trend downward in the second quarter of 2024. It reached 6.4%, from a recent peak of 8.1% a year ago.
Read MoreIn the first quarter of 2024, the average headline CPI inflation expectations of analysts, business people and trade union officials receded by 0.3 percentage points (% pts) for both 2024 and 2025. The respondents now expect inflation to average 5.4% this year, 5.3% next year and 5.2% in 2026. Among the three social groups, only analysts expect that inflation will subside to below 5% and stabilise at 4.7% in 2025 and 2026. Business people and trade union officials foresee inflation getting stuck above 5%, even in 2026.
Read MoreIn the first quarter of 2024, the average headline CPI inflation expectations of analysts, business people and trade union officials receded by 0.3 percentage points (% pts) for both 2024 and 2025. The respondents now expect inflation to average 5.4% this year, 5.3% next year and 5.2% in 2026. Among the three social groups, only analysts expect that inflation will subside to below 5% and stabilise at 4.7% in 2025 and 2026. Business people and trade union officials foresee inflation getting stuck above 5%, even in 2026.
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