The Bottom Line – Jan ’26
South Africa enters 2026 with positive momentum, as business conditions break into buoyant territory for the first time since the […]
Trump dominates upheaval of geopolitical environment
The past week was undoubtedly dominated by the vicissitudes of President Trump’s statements on Greenland and US relations with Europe,
PPI – December ’25
Producer price inflation remained unchanged for a second consecutive month in December, at +2.9% y/y.
Leading indicator – November ’25
The SARB’s composite leading indicator increased to 118.4 points in November from 116.8 points in October (revised), marking the highest
Recap & Outlook: 26 Jan ’26
Recap & Outlook is a single report focused on the key developments of the week.
Gold booming despite Trump’s pullback on Greenland
It has been fascinating to see the price of gold scaling new all-time highs despite President Trump pulling back on
Retail sales – November ’25
South African retail sales growth (adjusted for inflation) increased to +3.5% y/y in November from +3.0% y/y in October.
CPI – December ’25
Headline consumer inflation increased marginally and in line with consensus estimates to +3.6% y/y in December from +3.5% y/y in
Mining – November ’25
Domestic mining production contracted by a disappointing -2.7% y/y in November, following growth of +6.1% y/y in October (revised).