September 2021

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

Key takeaways:

  • The Leading Business Indicator in June 2021 was up 2.3% compared to May 2021.
  • The headline inflation rate for July 2021 was up 4.6% compared to July 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 July 2021 was 1.93%, compared to 10.56% in May 2020.
  • Equities net purchases/sales by foreigners for January-August 2021 reached -R85.5 billion, compared to -R88.9 billion for January-August 2020. Bonds net purchases/sales reached -R60.5 billion compared to -R65.9 billion for the same period.
  • The average gold price per ounce in August 2021 was $1 785, compared to $1 970 in August 2020. The average platinum price per ounce was $1 007 compared to $944 for the same period.
  • The average crude oil price (brent/barrel) in August 2021 was $70.90, compared to $44.70 in August 2020.
  • South Africa recorded a merchandise trade surplus of R290.0 billion for January-July 2021, compared to a surplus of R94.9 billion for January-July 2020.
  • Total vehicles sold were up 32.4% for January-August 2021, compared to January-August 2020. Vehicles exported were up 37.7% and tractors sold were up 29.6% for the same period.
  • The volume of manufacturing production for January-July 2021 was up 12.9%, compared to January-July 2020. The volume of mining production was up 18.6% for the same period.

Full Report (PDF)

CRA events are for subscribers only.

Click here to subscribe

Or click here to log in if you're already a subscriber