2021

July 2021

July 2021

19 July 2021 - The CRA's Fast Stats provides data-driven insights into current political and economic trends.
Read more

Key takeaways:

  • The Leading Business Indicator in April 2021 was up 3.6% compared to March 2021.
  • The headline inflation rate for May 2021 was up 5.2% compared to May 2020, with core inflation up 3.1% for the same period.
  • The growth in money supply — the total value of money available in the economy — in May 2021 was 1.82%, compared to 10.60% in May 2020.
  • Equities net purchases/sales by foreigners for January-May 2021 reached -R15.3 billion, compared to -R44.0 billion for January-May 2020. Bonds net purchases/sales reached -R30.2 billion compared to -R67.0 billion for the same period.
  • The average gold price per ounce in June 2021 was $1 835, compared to $1 733 in June 2020. The average platinum price per ounce was $1 118 compared to $820 for the same period.
  • The average crude oil price (brent/barrel) in June 2021 was $72.93, compared to $39.94 in June 2020.
  • South Africa recorded a merchandise trade surplus of R202.6 billion for January-May 2021, compared to a surplus of R10.6 billion for January-May 2020.
  • Total vehicles sold were up 40.1% for January-June 2021, compared to January-June 2020. Vehicles exported were up 65.8% and tractors sold were up 27.3% for the same period.
  • The volume of manufacturing production for January-May 2021 was up 17.1%, compared to January-April 2020. The volume of mining production was up 20.6% for the same period.

Full Report (PDF)

June 2021

June 2021

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

Key takeaways:

  • The Leading Business Indicator in March 2021 was up 1.7 points from February 2021.
  • The growth in money supply — the total value of money available in the economy — in April 2021 was 2.02%, compared to 10.48% in April 2020.
  • Equities net purchases/sales by foreigners for January-April 2021 reached -R10.6 billion, compared to -R32.4 billion for January-April 2020. Bonds net purchases/sales reached -R40.9 billion compared to -R65.7 billion for the same period.
  • The average gold price per ounce in May 2021 was $1 849, compared to $1 718 in May 2020. The average platinum price per ounce was $1 214 compared to $801 for the same period.
  • The average crude oil price (brent/barrel) in May 2021 was $68.56, compared to $29.48 in May 2020.
  • South Africa recorded a merchandise trade surplus of R147.8 billion for January-April 2021, compared to a deficit of R4.4 billion for January-April 2020.
  • Total vehicles sold were up 44.9% for January-May 2021, compared to January-May 2020. Vehicles exported were up 67.2% and tractors sold were up 24.2% for the same period.
  • The volume of manufacturing production for January-April 2021 was up 13.0%, compared to January-April 2020. The volume of mining production was up 20.2% for the same period.
  • The official unemployment rate for 1Q 2021 was 32.6%, compared to 30.1% in 1Q 2020. The expanded unemployment rate was 43.2% compared to 39.7% for the same period.

Full Report (PDF)

May 2021

May 2021

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

Key takeaways:

  • The RMB/BER Business Confidence Index was down 5 points in Q1 2021 from Q4 2020.
  • The headline inflation rate for April 2021 was up 4.4% compared to April 2020, with core inflation up 3.0% for the same period.
  • The growth in money supply — the total value of money available in the economy — in March 2021 was 3.62%, compared to 9.51% in March 2020.
  • Equities net purchases/sales by foreigners for January-March 2021 reached -R9.2 billion, compared to -R27.1 billion for January-March 2020. Bonds net purchases/sales reached -R28.7 billion compared to -R54.1 billion for the same period.
  • The average gold price per ounce in April 2021 was $1 760, compared to $1 681 in April 2020. The average platinum price per ounce was $1 207 compared to $756 for the same period.
  • The average crude oil price (brent/barrel) in April 2021 was $64.58, compared to $18.68 in April 2020.
  • South Africa recorded a merchandise trade surplus of R96.6 billion for January-March 2021, compared to a surplus of R31.7 billion for January-March 2020.
  • Total vehicles sold were up 28.3% for January-April 2021, compared to January-April 2020. Vehicles exported were up 48.3% and tractors sold were up 27.5% for the same period.
  • The volume of manufacturing production for January-March 2021 was down 0.5%, compared to January-March 2020. The volume of mining production was up 3.1% for the same period.

Full Report (PDF)

April 2021

April 2021

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

Key takeaways:

  • The Sacci Business Confidence Index was down 0.3 points in March 2021, compared to February 2021.
  • The headline inflation rate for February 2021 was up 2.9% compared to February 2020, with core inflation up 2.6% for the same period.
  • The growth in money supply — the total value of money available in the economy — in February 2021 was 7.48%, compared to 7.79% in February 2020.
  • Equities net purchases/sales by foreigners for January-February 2021 reached R-10.5 billion, compared to -R11.2 billion for January-February 2020. Bonds net purchases/sales reached R-16.4 billion compared to R1.5 billion for the same period.
  • The average gold price per ounce in March 2021 was $1 720, compared to $1 593 in March 2020. The average platinum price per ounce was $1 177 compared to $761 for the same period.
  • The average crude oil price (brent/barrel) in March 2021 was $65.53, compared to $32.81 in March 2020.
  • South Africa recorded a merchandise trade surplus of R41.4 billion for January-February 2021, compared to a surplus of R10.3 billion for January-February 2020.
  • Total vehicles sold were down 0.9% for January-March 2021, compared to January-March 2020. Vehicles exported were up 16.8% and tractors sold were up 28.7% for the same period.
  • The volume of manufacturing production for January-February 2021 was down 3.1%, compared to January-February 2020. The volume of mining production was down 3.9% for the same period.
  • Real Gross Fixed Capital Formation (GFCF) accounted for 15.8% of the Gross Domestic Product (GDP) in 2020, compared to 17.9% in 2019.

Full Report (PDF)

March 2021

March 2021

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

Key takeaways:

  • The RMB/BER Business Confidence Index was down 5 points for Q1 2021 since Q4 2020.
  • The growth in money supply — the total value of money available in the economy — in January 2021 was 9.15%, compared to 7.12% in January 2020.
  • Equities net purchases/sales by foreigners for January-February 2021 reached R-10.5 billion, compared to -R11.2 billion for January-February 2020. Bonds net purchases/sales by foreigners reached R-16.4 billion compared to R1.5 billion for the same period.
  • The average gold price per ounce for February 2021 was $1 811, compared to $1 598 in February 2020. The average platinum price per ounce was $1 213 compared to $958 for the same period.
  • The average crude oil price (brent/barrel) in February 2021 was $61.97, compared to $55.64 in February 2020.
  • South Africa recorded a merchandise trade surplus of R11.8 billion for January 2021, compared to a deficit of R2.7 billion for January 2020.
  • Total vehicles sold were down 13.8% for January-February 2021, compared to January-February 2020. Vehicles exported were up 8.0% and tractors sold were up 28.1% for the same period.
  • The volume of manufacturing production in January 2021 was down 3.4%, compared to January 2020. The volume of mining production was down 6.2% for the same period.

Full Report (PDF)

February 2021

February 2021

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

Key takeaways:

  • The leading business indicator was up 9.8% for November 2020 in comparison to November 2019.
  • The growth in money supply — the total value of money available in the economy — in December 2020 was 6.15%, compared to 5.56% in December 2019.
  • Equities net purchases/sales by foreigners for January 2021 reached R4.9 billion, compared to -R6.5 billion for January 2020. Bonds net purchases/sales by foreigners reached R9.0 billion compared to R7.2 billion for the same period.
  • The average gold price per ounce for January 2021 was $1 868, compared to $1 574 in January 2020. The average platinum price per ounce was $1 087 compared to $991 for the same period.
  • The average crude oil price (brent/barrel) for January 2021 was $54.70, compared to $63.38 in January 2020.
  • South Africa recorded a merchandise trade surplus of R270.6 billion for 2020, compared to a surplus of R23.7 billion for 2019.
  • Total vehicles sold were down 13.9% for January 2021, compared to January 2020. Vehicles exported were up 39.7% and tractors sold were up 27.9% for the same period.
  • The volume of manufacturing production in 2020 was down 11.0%, compared to 2019. The volume of mining production was down 11.8% for January-November 2020 compared to January-November 2019.

Full Report (PDF)

January 2021

January 2021

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

Key takeaways:

  • The leading business indicator was up 4.5% for October 2020 in comparison to October 2019.
  • The growth in money supply — the total value of money available in the economy — in November 2020 was 8.18%, compared to 6.49% in November 2019.
  • Equities net purchases/sales by foreigners for January-November 2020 reached -R136.9 billion, compared to -R111.9 billion for January-November 2019. Bonds net purchases/sales by foreigners reached -R66.6 billion compared to -R29.4 billion for the same period.
  • The average gold price per ounce for 2020 was $1 770, compared to $1 392 in 2019. The average platinum price per ounce was $885 compared to $863 for the same period.
  • The average crude oil price (brent/barrel) in 2020 was $41.83, compared to $64.39 in 2019.
  • South Africa recorded a merchandise trade surplus of R238.3 billion for January-November 2020, compared to a surplus of R9.2 billion for January-November 2019.
  • Total vehicles sold were down 29.1% for 2020, compared to 2019. Vehicles exported were down 29.8% and tractors sold were up 8.9% for the same period.
  • The volume of manufacturing production for January-November 2020 was down 11.9%, compared to January-November 2019. The volume of mining production was down 12.8% for January-October 2020 compared to January-October 2019.

Full Report (PDF)