1. Mining and manufacturing output for May • Due on Thursday • Why they matter: they offer further clues to the overall performance of SA’s economy in the second quarter. • Expectations: economists expect manufacturing production growth to slow markedly, to 0.1% from 1.1% in April, and mining production to post another decline, after April’s 4.6% drop. This points to a possible deepening of SA’s economic contraction in the second quarter. 2. Sacci business confidence index • Due on Tuesday. • The index has fallen every month since February. See here for more detail on these key measures of SA’s economic health.
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