Population in South Africa
South Africa - Population
The economy contracted in the third quarter after dodging technical recession in the second quarter. Notably, the downturn was prompted by the utilities sector swinging to contraction as a series of breakdowns in Eskom’s coal power plants triggered the return of rolling blackouts in the quarter. On the expenditure-side, a winding down of inventories amid downbeat demand weighed heavily on economic activity, with muted household spending also taking its toll. Conversely, the external sector strengethened in Q3 thanks to a rebound in exports and a marked fall in imports. Turning to the fourth quarter, the economy likely remained in the doldrums as the rolling blackouts reached an unprecedented level in December after more than a quarter of the country’s generating capacity broke down. Large platinum and gold miners were forced to halt operation on 9 December as a result, which will hamper year-end economic activity.South Africa - Population Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Population (million) | 53.1 | 53.9 | 54.8 | 55.6 | 56.5 |
South Africa Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 8.26 | 0.29 % | Dec 31 |
| Exchange Rate | 13.98 | -0.21 % | Dec 31 |
| Stock Market | 0.1 | -0.44 % | Jan 06 |
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Economic News
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South Africa: Inflation rises in December
January 22, 2020
Consumer prices rose 0.3% in December, up from a 0.1% increase in November.
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South Africa: SARB slashes rates in January
January 16, 2020
At its meeting ending 16 January, the Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) unanimously decided to axe the repurchase rate by 25 basis points to 6.25%.
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South Africa: Manufacturing production contracts in November
January 8, 2020
Manufacturing output plummeted 3.6% in November, following October’s 0.8% drop.
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South Africa: Private sector activity falls to over one-year low in December
January 6, 2020
Business conditions in South Africa’s private sector remained in contractionary territory for the eight month running in December.
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South Africa: Inflation slides to over eight-year low in November
December 11, 2019
Consumer prices rose 0.1% in November, after coming in flat a month prior.
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