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 R​24.235 B Jun 2024 R​19.959 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.09.17 08:00, ZAR, FNB/BER Consumer Confidence Index, Actual: -5, Previous: -12
2024.09.20 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 14.7 K
2024.09.24 00:00, ZAR, Heritage Day
2024.09.26 08:00, ZAR, SARB Quarterly Bulletin

Economic indicators

Market Last Reference Previous Frequency
CFTC ZAR Non-Commercial Net Positions 14.7 K 10 Sep 2024 13.3 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 R​24.235 B Jun 2024 R​19.959 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