ECONOMIC WEEK AHEAD: GDP growth number the front-runner in a pack of data
The market consensus is for 1.7% growth in the first quarter, in line with the Reserve Bank’s outlook for 2022
In a week of bumper economic data releases, the focus will be on GDP growth when Stats SA releases first-quarter 2022 GDP data on Tuesday.
The market consensus forecast is for 1.7% growth, in line with the Reserve Bank’s outlook for 2022, which was revised down in May from 2% in March. PwC’s projections remain positive and closer to market expectations at 1.8% while FNB's GDP projections are in line with market expectations at 1.7%...