Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Currency 16.39 16.1 15.94 15.79 15.79
Stock Market (points) 109242.52 103485 100266 97147 97147
Government Bond 10Y (%) 8.44 8.1 7.99 7.88 7.88

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.50 1.5 0.8 1.2 0.6
GDP Annual Growth Rate (%) 1.90 1.2 1.2 1.6 1.3
Unemployment Rate (%) 32.70 32 31.7 32.8 33.5
Inflation Rate (%) 4.50 4.9 4.4 4.9 3.7
Inflation Rate MoM (%) 0.70 0.7 0.3 0.4 0.2
Interest Rate (%) 7.00 7.25 7.5 7.5 6.75
Balance of Trade (ZAR Million) -1790.00 20000 27000 33000 32500
Current Account (ZAR Million) 190700.00 -65000 -160000 -160000 -160000
Manufacturing PMI (points) 47.30 48.8 51 51 51
Business Confidence (points) 39.00 34 32 36 38
Retail Sales MoM (%) 0.90 1.4 -0.5 0.3 0.7
Consumer Confidence (points) -19.00 -17 -14 -12 -9
Current Account to GDP (% of GDP) -0.50 -1.1
Government Debt to GDP (% of GDP) 78.90 80.6
Government Budget (% of GDP) -4.50 -4

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 0.50 1.5 0.8 1.2 0.6
GDP Annual Growth Rate (%) 1.90 1.2 1.2 1.6 1.3
GDP Constant Prices (ZAR Million) 4772091.00 4785340 4803166 4848444 4834128
Gross National Product (ZAR Million) 4876132.00 4835074 4934646 4954150 4939522
Gross Fixed Capital Formation (ZAR Million) 647132.00 654285 662505 657486 655545
GDP from Manufacturing (ZAR Million) 512313.00 526022 522764 520510 518973
GDP from Mining (ZAR Million) 209866.00 212353 210977 213224 212594
GDP from Public Administration (ZAR Million) 377562.00 379369 380828 383603 382470
GDP from Transport (ZAR Million) 384491.00 387512 386532 390643 389489
GDP from Services (ZAR Million) 1183046.00 1170272 1186147 1201975 1198426
GDP from Agriculture (ZAR Million) 141820.00 137645 138162 144089 143664
GDP from Utilities (ZAR Million) 93302.00 96170 94069 94795 94515
GDP from Construction (ZAR Million) 98223.00 100451 99160 99795 99500
GDP (USD Billion) 400.26 405
GDP per Capita (USD) 5708.96 5777
GDP per Capita PPP (USD) 13598.79 13762
Full Year GDP Growth (%) 1.10 1.2

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 32.70 32 31.7 32.8 33.5
Unemployed Persons (Thousand ) 8137.00 8050 7840 8200 8350
Employed Persons (Thousand) 16754.00 16950 17400 16900 17200
Youth Unemployment Rate (%) 60.90 58.7 57.5 60 60.4
Population (Million) 63.10 63.3
Minimum Wages (ZAR/Hour) 30.23 30.23

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 4.50 4.9 4.4 4.9 3.7
Inflation Rate MoM (%) 0.70 0.7 0.3 0.4 0.2
Consumer Price Index CPI (points) 106.70 108 108 110 111
Core Consumer Prices (points) 105.80 107 107 109 110
Core Inflation Rate (%) 3.80 3.9 3.7 4.1 3.8
Producer Prices (points) 110.40 107 106 107 112
Producer Prices Change (%) 7.80 3 2.8 2.5 1.9
Export Prices (points) 201.20 179 180 180 180
Import Prices (points) 164.20 165 170 170 170
Food Inflation (%) 1.90 3.2 3.6 4.8 4.8
Core Inflation Rate MoM (%) 0.20 0.4 0.2 0.3 0.2
Producer Price Inflation MoM (%) 2.60 1.7 1.5 0.9 1.3
CPI Housing Utilities (points) 106.00 109 110 111 110
CPI Transportation (points) 109.50 110 111 111 111

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 7.00 7.25 7.5 7.5 6.75
Interbank Rate (%) 6.87 7.12 7.37 7.37 6.62
Money Supply M2 (ZAR Million) 4910387.00 4400000 4900000 4900000 4900000
Money Supply M3 (ZAR Million) 6077956.00 5950000 60500000 60500000 60500000
Foreign Exchange Reserves (USD Million) 76583.00 75000 74000 76000 77000
Loans to Private Sector (ZAR Million) 5355723.00 5148212 5294715 5374522 5425347
Deposit Interest Rate (%) 6.82 7.07 7.32 7.32 6.57
Lending Rate (%) 10.25 10.5 10.75 10.75 10

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (ZAR Million) -1790.00 20000 27000 33000 32500
Current Account (ZAR Million) 190700.00 -65000 -160000 -160000 -160000
Exports (ZAR Million) 178831.09 185000 177000 183000 191000
Imports (ZAR Million) 180621.58 165000 150000 150000 158500
Tourist Arrivals 1155059.00 1050000 1370000 1250000 1100000
Terms of Trade (points) 122.50 108 106 106 106
Current Account to GDP (% of GDP) -0.50 -1.1

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Manufacturing PMI (points) 47.30 48.8 51 51 51
Business Confidence (points) 39.00 34 32 36 38
Industrial Production (%) -2.90 -1.2 -1 -1 0.9
Industrial Production Mom (%) -2.70 0.5 -1.2 1 0.7
Bankruptcies (Companies) 225.00 117 140 230 250
Car Registrations (Units) 36871.00 33000 35000 35000 35000
Total Vehicle Sales (Units) 54480.00 55000 49000 54000 56000
Leading Economic Index (%) -1.80 1.2 1.4 -0.5 1.6
Coincident Index (points) 124.10 110 115 115 115
Electricity Production (Gigawatt-hour) 17106.00 18600 17300 18500 20400
Mining Production (%) 8.20 2.1 1.6 1.3 1
Composite PMI (points) 49.60 49.8 47.6 50.7 51
Gold Production (%) -0.20 -2.5 -3 -13 1.8

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Retail Sales MoM (%) 0.90 1.4 -0.5 0.3 0.7
Consumer Confidence (points) -19.00 -17 -14 -12 -9
Retail Sales YoY (%) 1.30 1.6 2.3 2.6 1.8
Consumer Spending (ZAR Million) 3280358.00 3279245 3316981 3332844 3323003
Disposable Personal Income (ZAR Million) 5095069.00 5086922 5156210 5176590 5161305
Private Sector Credit (%) 8.57 7 8.5 7.8 8.3
Bank Lending Rate (%) 10.50 10.75 11 11 10.25
Gasoline Prices (USD/Liter) 1.67 1.51 1.26 1.26 1.26

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Building Permits (ZAR Thousand) 8513466.00 9650000 7100000 8650000 7450000
Housing Index (points) 125.30 133 136 140 144

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt to GDP (% of GDP) 78.90 80.6
Government Budget (% of GDP) -4.50 -4

Taxes Actual Q3/26 Q4/26 Q1/27 Q2/27
Sales Tax Rate (%) 15.00 16