ECONOMIC WEEK AHEAD: Trade balance and producer inflation in focus
The trade surplus is forecast to be R28.3bn in March, riding high on the continued buoyancy of commodity prices
25 April 2021 - 16:09
SA’s trade balance data is likely to be the highlight this week, along with the release of producer price inflation, which picked up in March as a result of higher fuel prices.
Elevated commodity prices and the continuous recovery in the global demand for manufactured goods are expected to have lifted SA’s export performance, helping the country register yet another trade surplus, according to Investec economist Lara Hodes...
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