Tag Archive

Growth

SA’s GDP surprised to the upside. Well done to us all. Here’s the details, with Chris Hart, chief economist at Investment Solutions in… »

Treasury Calls The Bottom (go to today’s Poser, and let us know if you agree)

The National Treasury said on Tuesday that while the GDP figures released this morning confirm that South Africa, along with much of the global economy, is in a recession its first since 1992 - the economy is expected to improve in the final two quarters of this… »

PREVIEW: SA Q1 GDP seen 3.9% q/q v 1.8%

Johannesburg, May 22 (I-Net Bridge) - A recession in South Africa is expected to be confirmed next week via a GDP growth rate of 3.9% quarter-on-quarter (q/q) seasonally adjusted annualised (saa) from 1.8% in the fourth quarter of last year, according to a consensus of 10 leading economists by I- Net… »

GDP Figures Will Confirm Recession

First quarter national accounts next week are expected to confirm South Africa’s first recession in 17 years.

High-frequency indicators suggest the pace of decline accelerated.

For 2009, South Africa looks set to contract by around 1%.

We expect the shrinking economy and cooling inflation to prompt the SARB to cut interest rates by another full… »