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 5.2% May 2024 5.2% Monthly
SARB Interest Rate Decision 8.25% 8.25%
Trade Balance R​20.093 B May 2024 R​9.685 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.07.26 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 9.2 K
2024.07.29 06:00, ZAR, SARB Private Sector Credit y/y, Forecast: 4.55%, Previous: 4.26%
2024.07.29 06:00, ZAR, SARB M3 Money Supply y/y, Forecast: 3.58%, Previous: 4.72%

Economic indicators

Market Last Reference Previous Frequency
CFTC ZAR Non-Commercial Net Positions 9.2 K 16 Jul 2024 8.8 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 0.2% May 2024 0.3% Monthly
CPI y/y 5.2% May 2024 5.2% Monthly
Core CPI m/m 0.1% May 2024 0.2% Monthly
Core CPI y/y 4.6% May 2024 4.6% Monthly
PPI m/m 0.1% May 2024 0.5% Monthly
PPI y/y 4.6% May 2024 5.1% Monthly
Money Last Reference Previous Frequency
Gross International Reserves $​62.100 B Jun 2024 $​62.087 B Monthly
Net International Reserves $​58.437 B Jun 2024 $​58.287 B Monthly
SARB Interest Rate Decision 8.25% 8.25%
SARB M3 Money Supply y/y 4.72% May 2024 5.75% Monthly
SARB Prime Rate 11.75% 11.75%
SARB Private Sector Credit y/y 4.26% May 2024 3.90% Monthly
Trade Last Reference Previous Frequency
Current Account R​-84.591 B 1 Q 2024 R​-162.934 B Quarterly
Current Account - GDP Ratio -1.2% 1 Q 2024 -2.3% Quarterly
Trade Balance R​20.093 B May 2024 R​9.685 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 45.7 Jun 2024 43.8 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 -1.7% Apr 2024 -4.5% Monthly
Manufacturing Production m/m 5.2% Apr 2024 -2.2% Monthly
Manufacturing Production y/y 5.3% Apr 2024 -6.4% Monthly
Mining Production m/m -5.0% Mar 2024 5.3% Monthly
Mining Production y/y 0.7% Apr 2024 -5.8% Monthly
RMB/BER Business Confidence Index 35 2 Q 2024 30 Quarterly
S&P Global PMI 49.2 Jun 2024 50.4 Monthly
Total New Vehicle Sales 40.072 K Jun 2024 37.120 K Monthly
Total New Vehicle Sales m/m 8.0% Jun 2024 -2.5% Monthly
Total New Vehicle Sales y/y -14.0% Jun 2024 -14.2% Monthly
Consumer Last Reference Previous Frequency
FNB/BER Consumer Confidence Index -12 2 Q 2024 -15 Quarterly
Retail Sales m/m 1.4% Mar 2024 1.0% Monthly
Retail Sales y/y 0.6% Apr 2024 2.3% Monthly