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 32.1% 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 R​7.273 B Mar 2024 R​13.335 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.05.08 06:00, ZAR, Gross International Reserves, Actual: $​61.795 B, Forecast: $​62.483 B, Previous: $​62.323 B
2024.05.08 06:00, ZAR, Net International Reserves, Actual: $​57.851 B, Forecast: $​56.893 B, Previous: $​57.513 B
2024.05.09 11:00, ZAR, Manufacturing Production m/m, Actual: -2.2%, Forecast: 1.0%, Previous: -1.0%
2024.05.09 11:00, ZAR, Manufacturing Production y/y, Actual: -6.4%, Forecast: 1.0%, Previous: 4.0%
2024.05.10 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 0.7 K
2024.05.14 09:00, ZAR, Mining Production m/m, Forecast: 3.7%, Previous: 5.0%
2024.05.14 09:00, ZAR, Mining Production y/y, Forecast: 0.0%, Previous: 9.9%
2024.05.14 09:00, ZAR, Gold Production y/y, Forecast: -9.7%, Previous: -3.6%
2024.05.14 09:30, ZAR, Unemployment, Forecast: 8.189 M, Previous: 7.895 M
2024.05.14 09:30, ZAR, Unemployment Rate, Forecast: 32.3%, Previous: 32.1%
2024.05.15 11:00, ZAR, Retail Sales m/m, Forecast: 0.0%, Previous: 0.4%
2024.05.15 11:00, ZAR, Retail Sales y/y, Forecast: 0.2%, Previous: -0.8%
2024.05.16 11:00, ZAR, Building Permits m/m, Forecast: -8.1%, Previous: 26.1%
2024.05.16 11:00, ZAR, Building Permits y/y, Forecast: -16.2%, Previous: -17.6%

Economic indicators

Market Last Reference Previous Frequency
CFTC ZAR Non-Commercial Net Positions 0.7 K 30 Apr 2024 1.0 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 1.1% Mar 2024 0.5% Monthly
PPI y/y 4.6% Mar 2024 4.5% Monthly
Money Last Reference Previous Frequency
Gross International Reserves $​61.795 B Apr 2024 $​62.323 B Monthly
Net International Reserves $​57.851 B Apr 2024 $​57.513 B Monthly
SARB Interest Rate Decision 8.25% 8.25%
SARB M3 Money Supply y/y 6.85% Mar 2024 5.71% Monthly
SARB Prime Rate 11.75% 11.75%
SARB Private Sector Credit y/y 5.18% Mar 2024 3.32% 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 R​7.273 B Mar 2024 R​13.335 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 Apr 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 -2.2% Mar 2024 -1.0% Monthly
Manufacturing Production y/y -6.4% Mar 2024 4.0% 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 50.3 Apr 2024 48.4 Monthly
Total New Vehicle Sales 38.172 K Apr 2024 44.008 K Monthly
Total New Vehicle Sales m/m -13.3% Apr 2024 -1.1% Monthly
Total New Vehicle Sales y/y 2.2% Apr 2024 -11.7% Monthly
Consumer Last Reference Previous Frequency
FNB/BER Consumer Confidence Index -15 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