Currency
EPI = 100 − |inflation| − unemployment − deficit/GDP + GDP growth. Source: IMF WP/13/214 (Khramov & Lee, 2013).
Deficit/GDP sourced from SARB 2024
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| 7 | 7 | 7.25 | Miss |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Inflation Rate YoY | 4.3 | 5 | 4.5 | Miss | Falling2nd Consecutive Decrease | |
| Core Inflation Rate YoY | 4.2 | 4.1 | 4 | Beat | Rising5th Consecutive Increase | |
| 0.2 | 0.7 | 0.3 | Miss | Falling2nd Consecutive Decrease | ||
| 0.5 | 0.6 | 0.2 | Beat | Falling2nd Consecutive Decrease | ||
| 3 | 3.4 | — | Falling3rd Consecutive Decrease |
| CPI YoY | 4.3 | 5 | 4.5 | Miss | Falling2nd Consecutive Decrease | |
| CPI MoM | 0.2 | 0.7 | — | |||
| 5.7 | 7.5 | 6.1 | Miss | Falling3rd Consecutive Decrease |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Unemployment Rate | 33.6 | 32.7 | 33.1 | Beat | Rising3rd Consecutive Increase | |
| Unemployed Persons | 8.481 | 8.137 | 8.3 | Beat | Rising3rd Consecutive Increase |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| GDP Growth Rate YoY | 1.9 | 0.8 | 1.8 | Beat | Rising2nd Consecutive Increase | |
| GDP Growth Rate QoQ | 0.5 | 0.4 | 0.3 | Beat | Rising2nd Consecutive Increase | |
| 1.9 | 0.8 | 1.8 | Beat | Rising2nd Consecutive Increase | ||
| 0.4 | 0.5 | — | Falling3rd Consecutive Decrease |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Building Permits | -14.3 | — | -8 | Miss | Falling2nd Consecutive Decrease | |
| Building Permits YoY | 30.5 | -12.9 | 12.4 | Beat | Rising2nd Consecutive Increase |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Retail Sales MoM | -0.6 | 0 | -1 | Beat | Falling3rd Consecutive Decrease | |
| Retail Sales YoY | 1.6 | 2.2 | 2.3 | Miss | Falling2nd Consecutive Decrease | |
| -19 | -7 | -16 | Miss | Falling2nd Consecutive Decrease | ||
| 38 | 39 | 34 | Beat | Falling2nd Consecutive Decrease | ||
| 125.4 | 123.5 | 123.8 | Beat | Rising3rd Consecutive Increase |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Balance of Trade | 20.14 | 17.23 | 19 | Beat | Rising3rd Consecutive Increase | |
| Trade Balance | 3.97 | 19.56 | — | Falling3rd Consecutive Decrease | ||
| 190.7 | 50.2 | 47 | Beat | Rising4th Consecutive Increase |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Manufacturing PMI | 45.8 | 46.8 | — | Rising2nd Consecutive Increase | ||
| Industrial Production YoY | 7 | -2.2 | 3.5 | Beat | Rising3rd Consecutive Increase | |
| -1.7 | -4.4 | -2.3 | Beat | Rising2nd Consecutive Increase | ||
| 0.9 | 1 | -1.6 | Beat | Falling2nd Consecutive Decrease | ||
| 45.8 | 46.8 | 47 | Miss | Falling5th Consecutive Decrease |
| PMI | 50.3 | 50.5 | 51 | Miss | Falling2nd Consecutive Decrease | |
| 50.9 | 50.9 | 51 | Miss | |||
| 50.3 | 51 | — | Falling2nd Consecutive Decrease |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Budget Balance | -161.58 | 80.13 | -130 | Miss | Falling2nd Consecutive Decrease |
| Economic Indicators | History | Actual | Previous | Forecast | Surprise | Trend |
|---|---|---|---|---|---|---|
| Total New Vehicle Sales | 57.9 | 57.73 | 58 | Miss | Rising5th Consecutive Increase | |
| Vehicle Sales YoY | 11.4 | 11.9 | — | Rising2nd Consecutive Increase | ||
| 57.9 | 57.73 | — | Rising3rd Consecutive Increase | |||
| Bond Auction | 9.41 | 9.292 | — | Rising3rd Consecutive Increase | ||
| 8.57 | 9.31 | 9.2 | Miss | Falling4th Consecutive Decrease |
| 7.41 | 7.77 | — | Falling3rd Consecutive Decrease | |||
| 7.41 | 7.77 | 7.4 | Beat | Falling4th Consecutive Decrease | ||
| -1.4 | -0.3 | -0.5 | Miss | Falling2nd Consecutive Decrease |
| Producer Price Index MoM | -1 | -0.1 | -0.4 | Miss | Falling4th Consecutive Decrease |
| Inflation Expectations | 4.2 | 3.6 | 3.8 | Beat | Rising2nd Consecutive Increase |
| Core CPI YoY | 4.2 | 4.1 | — |
| Core CPI MoM | 0.5 | 0.6 | — |
| Producer Price Index | 103.29 | 102.7 | — |
| Barclays Manufacturing PMI | 50.9 | 46.7 | — | Rising2nd Consecutive Increase |
| KAGISO Manufacturing PMI | 51.4 | 51.4 | — |
| Thomson Reuters IPSOS PCSI | 50.14 | 48.25 | — | Rising2nd Consecutive Increase |
| Gold Production YoY | 6.2 | -4.4 | -1 | Beat | Rising2nd Consecutive Increase |
| Mining Production YoY | -4 | -5.1 | -1.8 | Miss | Rising2nd Consecutive Increase |
| Mining Production MoM | 0.3 | -5.2 | 3.2 | Miss | Rising2nd Consecutive Increase |
| Foreign Exchange Reserves | 73.45 | 74.11 | 72 | Beat | Falling5th Consecutive Decrease |
| Prime Rate | 10.5 | 10.5 | — |
| Prime Overdraft Rate | 10.5 | 10.5 | 10.75 | Miss |
| Reuters Econometer | 256.3 | 256.3 | — |
| Car Registrations | 36.7 | 39.7 | — |
