August/September 2019

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

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)