2019

October 2019

October 2019

The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeaways are as follows:

  • The leading business indicator is down 1.5% for July 2019 in comparison to the same period in 2018.
  • GDP per head (annualised, adjusted) for Q2 2019 was R85 870.
  • The headline inflation rate for August 2019 (Y/Y) stood at 4.3%, with core inflation at 4.3% over the same period. Total administered prices stood at 4.9% in August.
  • Household debt to disposable income for Q2 2019 was 72.7% compared to 71.6% in Q2 2018.
  • The current account deficit for Q1 2019 was R56.7 billion, compared to R72.7 billion for the same period in 2018.
  • Equities net purchases/sales by foreigners are down R63.5 billion for January to August 2019 compared to the same period the previous year. Bonds net purchases/sales by foreigners are down R4.4 billion over the same period.

Full Report (PDF)

August/September 2019

August/September 2019

The CRA's Fast Stats provides data-driven insights into current political and economic trends.
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Key takeaways:

  • South Africa’s Gross Domestic Product grew by 3.1% (Q/Q) and 0.9% (Y/Y) in Q2 2019.
  • The leading business indicator is down 2.8% for June 2019 in comparison to the same period in 2018.
  • The headline inflation rate for July 2019 (Y/Y) stood at 4%, with core inflation at 4.2% over the same period. Total administered prices stood at 4.7% in July.
  • Household debt to disposable income for 1Q 2019 was 72.5% compared to 71.7% in 1Q 2018.
  • Equities net purchases/sales by foreigners are down R41.6 billion for January to July 2019 compared to the same period the previous year. Bonds net purchases/sales by foreigners are up R13.1 billion over the same period.
  • The number of strike mandays for January to June 2019 stood at 1 100 000 compared to 550 000 for January to June 2018.

Full Report (PDF)

July/August 2019

July/August 2019

The CRA is proud to present its new report, the Fast Stats, providing data-driven insights into current political and economic trends.
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Key takeaways:

  • The total population has increased to 58.78 million people in 2019 from 57.73 million in 2018.
  • The official unemployment rate rose to 29% in 2Q 2019 – up from 27.2% in 2Q 2018. Under this definition, 6.7 million South Africans are without work. However, under the expanded definition, unemployment stood at 38.5% or 10.2 million people for the same period.
  • The headline inflation rate for June 2019 (year-on-year) stood at 4.5%, with core inflation at 4.3% over the same period. Total administered prices stood at 6.9% in June Real gross fixed capital formation (GFCF) continued to decline, falling 2.9% year-on-year in 1Q 2019.
  • Equities net purchases/sales by foreigners went down R29.3 billion for January to June 2019 compared to the same period the previous year.
  • Bonds net purchases/sales by foreigners are up R19 billion.

Full Report (PDF)