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Assessing and promoting civil and minority rights in South Africa.

[Source: Moneyweb by Ingé Lamprecht.]

The economy is off life support but weak confidence, electricity supply constraints and uncertainty in the run-up to next year’s election may conspire to keep economic growth below levels that will appease ratings agencies or support meaningful job creation in the short to medium term.

South Africa officially emerged from a technical recession in the third quarter after gross domestic product (GDP) climbed 2.2%, data from Statistics South Africa showed on Tuesday. The second quarter slump was revised from 0.7% to 0.4%.

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South Africa at a Glance
57 700 000 (mid 2018 estimate)
4.5% y/y in May 2019 (CPI) & +6.4 y/y in May 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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