Fast Stats
These monthly reports keep CRA subscribers up-to-date with over 200 economic and social indicators. All the data you need to make informed decisions to successfully navigate complexity in South Africa.
June 2020
The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeaways:
- The RMB/BER Business Confidence Index for 2Q 2020 was down 13 index points in comparison to 1Q 2020.
- The growth in money supply – the total value of money available in the economy – in April 2020 was 10.47%, compared to 8.74% in April 2019.
- The average gold price per ounce for May 2020 was $1 718, compared to $1 283 in May 2019. The average platinum price per ounce was $801 compared to $829 for the same period.
- The crude oil price (brent/barrel) in May 2020 was $29.48, compared to $71.35 in May 2019.
- South Africa recorded a merchandise trade deficit of R0.3 billion for January-April 2020, compared to a trade deficit of R8.9 billion for January-April 2019.
- Vehicles exported were down 41.3% for January-May 2020, compared to January-May 2019. Tractors sold were down 9.1% for the same period.
- Manufacturing production (volume) for January-March 2020 was down 3.3%, compared to January-March 2019. Mining production for January-April 2020 decreased by 13.9% in comparison to January-April 2019.