South Africa Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs December 8, 2023 1.6 1.6 percent
Potential Growth by Augur Labs December 2023 1.5 1.6 percent
Output Gap by Augur Labs December 2023 -6.4 -6.4 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q3 2023 -1.0 1.8 percent
Real GDP Growth Rate, Year-over-Year Q3 2023 -0.5 1.5 percent
Nominal GDP, National Currency Q2 2023 6,945 6,835 billion
Nominal GDP, USD Q2 2023 372 385 billion (USD)

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year October 2023 5.9 5.4 percent
Core Consumer Price Index, Year-over-Year October 2023 4.4 4.5 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate Q3 2023 32.6 32.7 percent

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year September 2023 0.8 0.2 percent
Real Retail Sales, Month-over-Month September 2023 0.1 0.3 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year October 2023 6.8 -8.8 percent
Imports, Year-over-Year October 2023 11.0 -6.0 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q1 2023 -7,241 -6,416 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year September 2023 -3.5 1.1 percent
Industrial Production, Month-over-Month September 2023 -0.5 0.4 percent
Capacity Utilization Q3 2023 78.2 78.8
Mining Production, Year-over-Year September 2023 -1.8 -1.9 percent
Gold Production, Year-over-Year September 2023 0.0 0.7 percent

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate December 8, 2023 8.250 8.250 percent
Broad Money October 2023 4,967 4,998 billion
Narrow Money October 2023 2,572 2,555 billion

Automobile

Indicator Reference Last Previous Unit
Vehicle Sales November 2023 43,281 45,445 units

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence Q4 2023 -17.0 -16.0 points
Business Confidence September 2023 108.2 108.6 points
Manufacturing PMI November 2023 48.2 45.4

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield December 6, 2023 11.16 11.20 percent
3-Month Bill Rate December 6, 2023 8.52 8.52 percent
Cyclically Adjusted Price-to-Earnings Ratio (CAPE) December 2023 10.5 10.7
Real Effective Exchange Rate (Trade-Weighted) December 7, 2023 -43.1 -43.2
2-Year/10-Year Yield Curve December 6, 2023 274.7 278.6 basis points
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