Production and consumption data due out in the first half of the week is likely to show that the national economy continued to recover slowly and steadily from its Covid-induced second quarter collapse, though activity is still far short of pre-crisis levels.

But the markets will be on tenterhooks for the next big read of the labour market coming out on Thursday in the form of Stats SA’s second-quarter employment statistics survey of firms, as opposed to the quarterly labour force survey which focuses on households.

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