Weekly Review

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Weekly Review

The BER Weekly Review provides in-depth, data-driven insights into the South African and global economies. Alongside the latest statistics, we cover key financial market developments and explain what matters - from monetary policy decisions to broader policy shifts and economic drivers. Each issue also looks ahead to the coming week, highlighting events and data releases that are likely to shape the economic and market outlook. From 2026, the Review includes a concise South African political update. It is available to Premium Insights and Essential Insights subscribers.

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Oil shock intensifies as global resilience is tested and SA fuel prices hit records

Date Uploaded: October 09 2026 08:35


Domestic economic data disappointed this week, with rising fuel costs weighing on private-sector activity and manufacturing production. Globally, however, stronger retail sales in the eurozone and higher industrial production in Germany pointed to some resilience amid the ongoing fuel price shock. Similarly, sustained expansion in the US services sector suggested that the economy continues to hold up. The full Weekly considers whether this resilience can withstand a further escalation in the Iran war and the resulting surge in oil prices.