Economic Calendar and indicators of South Africa
Overview
| Indicator | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| GDP q/q | 0.1% | 4 Q 2023 | -0.2% | Quarterly |
| Unemployment Rate | 32.9% | 1 Q 2024 | 32.1% | Quarterly |
| CPI y/y | 5.1% | Jun 2024 | 5.2% | Monthly |
| SARB Interest Rate Decision | 8.25% | 8.25% | ||
| Trade Balance | R24.235 B | Jun 2024 | R19.959 B | Monthly |
Economic Calendar
Time,
Currency
Event
Actual
Forecast
Previous
2024.09.24 00:00, ZAR, Heritage Day
2024.09.26 08:00, ZAR, SARB Quarterly Bulletin
2024.09.27 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 33.1 K
2024.09.30 06:00, ZAR, SARB Private Sector Credit y/y, Forecast: 4.65%, Previous: 3.50%
2024.09.30 06:00, ZAR, SARB M3 Money Supply y/y, Forecast: 6.13%, Previous: 5.88%
2024.10.01 09:00, ZAR, Absa Manufacturing PMI, Forecast: 47.3, Previous: 43.6
2024.10.01 12:00, ZAR, Total New Vehicle Sales, Previous: 43.588 K
2024.10.01 12:00, ZAR, Total New Vehicle Sales m/m, Previous: -1.7%
2024.10.01 12:00, ZAR, Total New Vehicle Sales y/y, Forecast: 0.0%, Previous: -4.9%
Economic indicators
| Market | Last | Reference | Previous | Frequency |
|---|---|---|---|---|
| CFTC ZAR Non-Commercial Net Positions | 33.1 K | 17 Sep 2024 | 14.7 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 | 8.226 M | 1 Q 2024 | 7.895 M | Quarterly |
| Unemployment Rate | 32.9% | 1 Q 2024 | 32.1% | Quarterly |
| Prices | Last | Reference | Previous | Frequency |
| CPI m/m | 0.1% | Jun 2024 | 0.2% | Monthly |
| CPI y/y | 5.1% | Jun 2024 | 5.2% | Monthly |
| Core CPI m/m | 0.4% | Jun 2024 | 0.1% | Monthly |
| Core CPI y/y | 4.5% | Jun 2024 | 4.6% | Monthly |
| PPI m/m | -0.3% | Jun 2024 | 0.1% | Monthly |
| PPI y/y | 4.6% | Jun 2024 | 4.6% | Monthly |
| Money | Last | Reference | Previous | Frequency |
| Gross International Reserves | $63.205 B | Aug 2024 | $62.269 B | Monthly |
| Net International Reserves | $60.141 B | Aug 2024 | $59.165 B | Monthly |
| SARB Interest Rate Decision | 8.25% | 8.25% | ||
| SARB M3 Money Supply y/y | 5.88% | Jul 2024 | 4.19% | Monthly |
| SARB Prime Rate | 11.75% | 11.75% | ||
| SARB Private Sector Credit y/y | 3.50% | Jul 2024 | 4.27% | Monthly |
| Trade | Last | Reference | Previous | Frequency |
| Current Account | R-64.646 B | 2 Q 2024 | R-106.949 B | Quarterly |
| Current Account - GDP Ratio | -0.9% | 2 Q 2024 | -1.5% | Quarterly |
| Trade Balance | R24.235 B | Jun 2024 | R19.959 B | Monthly |
| Government | Last | Reference | Previous | Frequency |
| Consolidated Budget Balance | R-346.5 B | R-323.1 B | ||
| Consolidated Budget Balance - GDP Ratio | -4.9% | -4.9% | ||
| Business | Last | Reference | Previous | Frequency |
| Absa Manufacturing PMI | 43.6 | Aug 2024 | 52.4 | Monthly |
| Building Permits m/m | 1.6% | Mar 2024 | 39.9% | Monthly |
| Building Permits y/y | -7.8% | Mar 2024 | -8.1% | Monthly |
| Gold Production y/y | -9.0% | May 2024 | -1.7% | Monthly |
| Manufacturing Production m/m | -0.5% | Jun 2024 | -3.2% | Monthly |
| Manufacturing Production y/y | -5.2% | Jun 2024 | -0.6% | Monthly |
| Mining Production m/m | -5.0% | Mar 2024 | 5.3% | Monthly |
| Mining Production y/y | 0.0% | May 2024 | 0.7% | Monthly |
| RMB/BER Business Confidence Index | 38 | 3 Q 2024 | 35 | Quarterly |
| S&P Global PMI | 50.5 | Aug 2024 | 49.3 | Monthly |
| Total New Vehicle Sales | 43.588 K | Aug 2024 | 44.325 K | Monthly |
| Total New Vehicle Sales m/m | -1.7% | Aug 2024 | 10.9% | Monthly |
| Total New Vehicle Sales y/y | -4.9% | Aug 2024 | 1.5% | Monthly |
| Consumer | Last | Reference | Previous | Frequency |
| FNB/BER Consumer Confidence Index | -5 | 3 Q 2024 | -12 | Quarterly |
| Retail Sales m/m | 1.4% | Mar 2024 | 1.0% | Monthly |
| Retail Sales y/y | 0.8% | May 2024 | 0.6% | Monthly |