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.
September 2020
The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeways:
- The leading business indicator was down 9.1% for June 2020 in comparison to June 2019.
- The growth in money supply – the total value of money available in the economy – in July 2020 was 10.46%, compared to 8.26% in July 2019.
- Equities net purchases/sales by foreigners for January-August 2020 reached -R88.7 billion, compared to -R63.1 billion for January-August 2019. Bonds net purchases/sales by foreigners reached -R66 billion compared to -R24.7 billion for the same period.
- The average gold price per ounce for August 2020 was $1 970, compared to $1 498 in August 2019. The average platinum price per ounce was $944 compared to $863 for the same period.
- The crude oil price (brent/barrel) in August 2020 was $44.70, compared to $59.21 in August 2019.
- South Africa recorded a merchandise trade surplus of R95.6 billion for January-July 2020, compared to a deficit of R8.6 billion for January-July 2019.
- Total vehicles sold were down 34.6% for January-August 2020, compared to January-August 2019. Vehicles exported were down 40% and tractors sold were down 2.7% for the same period.
- The volume of manufacturing production for January-July 2020 was down 17.1%, compared to January-July 2019. The volume of mining production was down 17.8% for the same period.