macroafricaintel | South Africa – Revision of forecasts

By Rafiq Raji, PhD

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South Africa Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Q4 2018 2017 2018 2019
GDP Quarterly % Change (saa)   1.2 0.6 2.8 -1.2 2.0 0.4 2.0      
GDP Annual % Change 0.5 0.9 1.7
CPI Quarterly % Change   5.2 5.0 5.1 3.8 3.9 4.1 3.5      
CPI Annual Average % Change 5.3 4.0 2.9
C/A Quarterly Average % Change -4.1 -4.3 -4.5 -4.6 -4.4 -4.1 -4.4 -4.2      
C/A Annual Average % Change -4.4 -4.3 -4.1
PPI Quarterly % Change yy   4.5 5.2 4.5 4.1 4.1 4.2 4.3      
PPI Annual Average % Change 4.8 4.2 4.3
Repo Rate Long Term Forecast   7.0 6.8 6.5 6.0 6.0 6.0 6.0      
Repo Rate Long Term Forecast 6.5 6.0 5.0