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.
November 2020
The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeaways:
- The leading business indicator was down 0.6% for August 2020 in comparison to August 2019.
- The growth in money supply — the total value of money available in the economy — in September 2020 was 9.48%, compared to 6.16% in September 2019.
- Equities net purchases/sales by foreigners for January-October 2020 reached -R121.8 billion, compared to -R96.3 billion for January-October 2019. Bonds net purchases/sales by foreigners reached -R82.3 billion compared to -R30.5 billion for the same period.
- The average gold price per ounce for October 2020 was $1 901, compared to $1 495 in October 2019. The average platinum price per ounce was $874 compared to $897 for the same period.
- The crude oil price (brent/barrel) in October 2020 was $40.12, compared to $59.78 in October 2019.
- South Africa recorded a merchandise trade surplus of R167.5 billion for January-September 2020, compared to a surplus of R0.5 billion for January-September 2019.
- Total vehicles sold were down 32.5% for January-October 2020, compared to January-October 2019. Vehicles exported were down 35.3% and tractors sold were down 4.9% for the same period.
- The volume of manufacturing production for January-September 2020 was down 14.4%, compared to January-September 2019. The volume of mining production was down 13.5% for the same period.