Stanlib’s 12 key indicators tracking SA’s economic turnaround
Stanlib’s list of key indicators are designed to assess SA’s economic progress
As SA tries to engineer an economic revival, improving the country’s growth rate is becoming increasingly critical, and it hinges on revitalising key components of the economy. Stanlib has compiled a list of 12 key indicators to which it is paying close attention and scoring monthly to assess if SA is making meaningful progress towards an economic turnaround. The ranking began in January following the election of Cyril Ramaphosa as ANC and South African president, and the ensuing "Ramaphoria". The 12 indicators focus on a range of variables including political stability, policy clarity, business confidence, employment, capital expenditure, housing activity and consumer income. June analysis SA’s economic turnaround score was a disappointing 42% in June 2018. This compares with a score of 44% in May, 46% in April, 43% in March, 40% in February and 33% in January. The June outcome was hurt by a decline in business confidence, weakening exports, a higher petrol price, and a further dro...
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