ECONOMIC WEEK AHEAD
ECONOMIC WEEK AHEAD: Economists hopeful GDP contracted by less than feared in 2020
07 March 2021 - 16:10
The big economics news of the week will be SA’s fourth-quarter GDP data release, which will also reveal just how badly the economy was pummelled during 2020 by the coronavirus pandemic.
The Bloomberg consensus expectation is that real GDP growth slowed by about 7.2% for the year as a whole. As dire as such an outcome would be, it would still be an improvement on initial fears that economic growth would contract by as much as 8%-9%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.