ECONOMIC WEEK AHEAD: GDP data expected to show SA dodged recession
Also in spotlight is the current account, business confidence index and foreign exchange reserves
03 March 2024 - 19:21
The focus this week will be on the release of fourth-quarter GDP on Tuesday and the release of current account data by the SA Reserve Bank on Thursday.
In the third quarter of 2023, the economy unexpectedly contracted 0.2% quarter on quarter, after a downwardly revised 0.5% rise in the second quarter and worse than market forecasts of a 0.1% fall — indicating reduced activity across five out of 10 sectors, with the agriculture, forestry & fisheries sector experiencing the most significant decline...
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.