The economy will struggle to bounce back from a contraction in the first quarter of this year — the worst since the global recession a decade ago — heightening fears SA is edging closer to a recession which could be accelerated as political infighting in the ANC threatens to further weaken investor confidence.

This week, key data — retail trade sales, mining and manufacturing production and sales for April — will provide some clarity on the state of the economy in the second quarter of 2019.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now