South Africa Key Economic Indicators

Augur Labs Indicators

Indicator Reference Last Previous Unit
Daily Growth Nowcast by Augur Labs March 31, 2025 0.9 0.9 percent
Potential Growth by Augur Labs March 2025 0.5 0.5 percent
Output Gap by Augur Labs March 2025 -7.0 -7.0 percent
Inflation Nowcast by Augur Labs March 2025 3.1 3.2 percent

National Accounts

Indicator Reference Last Previous Unit
Real GDP Growth Rate, Quarter-over-Quarter Q4 2024 2.3 -0.6 percent
Real GDP Growth Rate, Year-over-Year Q4 2024 0.8 0.6 percent
Nominal GDP, National Currency Q4 2024 7,453 7,352 billion
Nominal GDP, USD Q4 2024 416 409 billion (USD)

Prices

Indicator Reference Last Previous Unit
Consumer Price Index, Year-over-Year February 2025 3.2 3.2 percent
Core Consumer Price Index, Year-over-Year February 2025 3.4 3.5 percent

Labor

Indicator Reference Last Previous Unit
Unemployment Rate Q4 2024 32.2 32.3 percent

Domestic Trade & Household

Indicator Reference Last Previous Unit
Real Retail Sales, Year-over-Year January 2025 7.2 3.3 percent
Real Retail Sales, Month-over-Month January 2025 1.2 -0.4 percent

Foreign Trade

Indicator Reference Last Previous Unit
Exports, Year-over-Year January 2025 3.5 -2.2 percent
Imports, Year-over-Year January 2025 7.6 -3.5 percent

Balance of Payment

Indicator Reference Last Previous Unit
Current Account, USD Q1 2023 -7,379 -6,239 million (USD)

Production

Indicator Reference Last Previous Unit
Industrial Production, Year-over-Year January 2025 -3.5 -2.7 percent
Industrial Production, Month-over-Month January 2025 0.2 -2.2 percent
Capacity Utilization Q4 2024 77.3 77.9
Mining Production, Year-over-Year January 2025 -2.6 -1.7 percent
Gold Production, Year-over-Year January 2025 1.0 -7.9 percent

Money & Credit

Indicator Reference Last Previous Unit
Central Bank Policy Rate March 31, 2025 7.500 7.500 percent
Broad Money January 2025 5,477 5,440 billion
Narrow Money January 2025 2,705 2,729 billion

Automobile

Indicator Reference Last Previous Unit
Vehicle Sales February 2025 47,980 46,400 units

Surveys

Indicator Reference Last Previous Unit
Consumer Confidence Q1 2025 -20.0 -6.0 points
Business Confidence January 2025 120.0 121.0 points
Manufacturing PMI February 2025 44.7 45.3

Market

Indicator Reference Last Previous Unit
10-Year Bond Yield March 27, 2025 10.62 10.58 percent
3-Month Bill Rate March 27, 2025 7.34 7.34 percent
Cyclically Adjusted Price-to-Earnings Ratio (CAPE) March 2025 16.3 15.2
Real Effective Exchange Rate (Trade-Weighted) March 28, 2025 -40.8 -39.7
2-Year/10-Year Yield Curve March 27, 2025 224.7 223.3 basis points
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