ECONOMIC WEEK AHEAD: Domestic recovery to remain fragile
Rising cost of living, load-shedding, capacity constraints and geopolitical tensions to keep a lid on SA recovery
24 April 2022 - 16:40
The Reserve Bank’s release on Tuesday of its leading business cycle indicator is expected to remain in positive territory, but FNB chief economist Mamello Matikinca-Ngwenya warns that domestic recovery will remain fragile amid geopolitical tensions, the rising cost of living, load-shedding and capacity constraints.
The composite leading business cycle indicator in SA increased 1.0% from a month earlier in January 2022, rebounding from a downwardly revised 0.3% fall in December 2021, as four of the 10 available component time series outweighed decreases in the remaining six...
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