Overview
| Indicator | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| GDP q/q | 0.1% | 4 Q 2023 | -0.2% | Quarterly |
| Unemployment Rate | 32.1% | 4 Q 2023 | 31.9% | Quarterly |
| CPI y/y | 5.3% | Mar 2024 | 5.6% | Monthly |
| SARB Interest Rate Decision | 8.25% | 8.25% | ||
| Trade Balance | R14.043 B | Feb 2024 | R-9.688 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2024.04.23 16:00, ZAR, SARB Monetary Policy Review
2024.04.25 09:30, ZAR, PPI m/m, Forecast: 0.0%, Previous: 0.5%
2024.04.25 09:30, ZAR, PPI y/y, Forecast: 4.6%, Previous: 4.5%
2024.04.26 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 0.1 K
2024.04.30 06:00, ZAR, SARB Private Sector Credit y/y, Forecast: 3.32%, Previous: 3.32%
2024.04.30 06:00, ZAR, SARB M3 Money Supply y/y, Forecast: 5.98%, Previous: 5.71%
2024.04.30 12:00, ZAR, Trade Balance, Forecast: R6.295 B, Previous: R14.043 B
2024.05.01 09:00, ZAR, Absa Manufacturing PMI
2024.05.01 12:00, ZAR, Total New Vehicle Sales, Previous: 44.237 K
2024.05.01 12:00, ZAR, Total New Vehicle Sales m/m, Previous: -1.1%
2024.05.01 12:00, ZAR, Total New Vehicle Sales y/y, Forecast: 0.2%, Previous: -11.7%
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC ZAR Non-Commercial Net Positions | 0.1 K | 16 Apr 2024 | -2.9 K | Weekly |
| GDP | Last | Reference | Previous | Frequency |
| GDP q/q | 0.1% | 4 Q 2023 | -0.2% | Quarterly |
| GDP y/y | 1.2% | 4 Q 2023 | -0.7% | Quarterly |
| Labor | Last | Reference | Previous | Frequency |
| Unemployment | 7.895 M | 4 Q 2023 | 7.849 M | Quarterly |
| Unemployment Rate | 32.1% | 4 Q 2023 | 31.9% | Quarterly |
| Prices | Last | Reference | Previous | Frequency |
| CPI m/m | 0.8% | Mar 2024 | 1.0% | Monthly |
| CPI y/y | 5.3% | Mar 2024 | 5.6% | Monthly |
| Core CPI m/m | 0.7% | Mar 2024 | 1.2% | Monthly |
| Core CPI y/y | 4.9% | Mar 2024 | 5.0% | Monthly |
| PPI m/m | 0.5% | Feb 2024 | -0.6% | Monthly |
| PPI y/y | 4.5% | Feb 2024 | 4.0% | Monthly |
| Money | Last | Reference | Previous | Frequency |
| Gross International Reserves | $62.323 B | Mar 2024 | $61.653 B | Monthly |
| Net International Reserves | $57.513 B | Mar 2024 | $56.652 B | Monthly |
| SARB Interest Rate Decision | 8.25% | 8.25% | ||
| SARB M3 Money Supply y/y | 5.71% | Feb 2024 | 6.61% | Monthly |
| SARB Prime Rate | 11.75% | 11.75% | ||
| SARB Private Sector Credit y/y | 3.32% | Feb 2024 | 3.16% | Monthly |
| Trade | Last | Reference | Previous | Frequency |
| Current Account | R-165.528 B | 4 Q 2023 | R-34.377 B | Quarterly |
| Current Account - GDP Ratio | -2.3% | 4 Q 2023 | -0.5% | Quarterly |
| Trade Balance | R14.043 B | Feb 2024 | R-9.688 B | Monthly |
| Government | Last | Reference | Previous | Frequency |
| Consolidated Budget Balance | R-323.1 B | R-296.7 B | ||
| Consolidated Budget Balance - GDP Ratio | -4.9% | -4.7% | ||
| Business | Last | Reference | Previous | Frequency |
| Absa Manufacturing PMI | N/D | Mar 2024 | Monthly | |
| Building Permits m/m | 26.1% | Feb 2024 | -18.7% | Monthly |
| Building Permits y/y | -17.6% | Feb 2024 | -13.5% | Monthly |
| Gold Production y/y | -3.6% | Feb 2024 | -12.7% | Monthly |
| Manufacturing Production m/m | -0.3% | Feb 2024 | 0.4% | Monthly |
| Manufacturing Production y/y | 4.1% | Feb 2024 | 2.9% | Monthly |
| Mining Production m/m | 5.0% | Feb 2024 | -0.4% | Monthly |
| Mining Production y/y | 9.9% | Feb 2024 | -2.8% | Monthly |
| RMB/BER Business Confidence Index | N/D | 1 Q 2024 | 31 | Quarterly |
| S&P Global PMI | 48.4 | Mar 2024 | 50.8 | Monthly |
| Total New Vehicle Sales | 44.237 K | Mar 2024 | 44.732 K | Monthly |
| Total New Vehicle Sales m/m | -1.1% | Mar 2024 | 6.0% | Monthly |
| Total New Vehicle Sales y/y | -11.7% | Mar 2024 | -0.9% | Monthly |
| Consumer | Last | Reference | Previous | Frequency |
| FNB/BER Consumer Confidence Index | N/D | 1 Q 2024 | -17 | Quarterly |
| Retail Sales m/m | 0.4% | Feb 2024 | -3.2% | Monthly |
| Retail Sales y/y | -0.8% | Feb 2024 | -2.0% | Monthly |