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.
January 2020
The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeaways:
- South African employers have “soft” hiring intentions for Q1 2020, the weakest outlook in 5 years.
- Consumer confidence remained at a two-year low during Q4 2019.
- Year-on-year growth in nominal house prices averaged just 4.1% in 2019, compared to 5.5% in 2018.
- On 16 January 2020, the Reserve Bank’s Monetary Policy Committee (MPC) announced its decision to reduce the repurchase (repo) rate by 25 basis points, to 6.25%.
- South Africa recorded a trade surplus of R10.5 billion for January to November 2019, compared to a deficit of R1.2 billion over the same period in 2018.
- The leading business indicator is down 1.6% for October 2019 in comparison to the same period in 2018.