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June 2019

Producer Inflation and Household Spending in the Spotlight

Producer Inflation and Household Spending in the Spotlight The week ahead will see the release of producer inflation, private sector credit extension and the Reserve Bank’s second-quarter leading indicator 24 June 2019 – More clues to SA’s second-quarter economic performance are expected in the week ahead, with a full calendar that includesthe release on Thursday

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Low Business Confidence Persists

Low Business Confidence Persists 14 June 2019 – The RMB/BER Business Confidence Index (BCI) flatlined at a worryingly low 28 in the second quarter. More than seven out of ten respondents therefore remained unsatisfied with current business conditions. The last time sentiment was this gloomy was two years ago, and before that, during the global

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Manufacturing Sector Remains Resilient, Output Up 4.6% y/y in April

Manufacturing Sector Remains Resilient, Output Up 4.6% y/y in April 13 June 2019 – Despite the encouraging improvement in manufacturing output in April, Steel and Engineering Industries Federation of Southern Africa economist Marique Kruger says there are still concerns about constraints, including exchange rate volatility and rising costs, facing the sector. Statistics South Africa (Stats SA) on Tuesday reported that manufacturing output had increased by 4.6% year-on-year in April

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