June 2021

The CRA's Fast Stats provides data-driven insights into current political and economic trends.
June 2021

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.

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