Oct Leading Indicator & Nov CPI ’25
Inflation slows unexpectedly while leading indicator is largely unchanged.
Inflation slows unexpectedly while leading indicator is largely unchanged.
Recap & Outlook is a single report focused on the key developments of the week.
Mining production growth improved in October, while manufacturing output growth slowed.
Formal employment (measured via a sample of private and public enterprises) improved by +0.3% q/q in Q3 (-0.7% q/q in
Retail sales growth slowed marginally in October, to +2.9% y/y from +3.0% y/y in September (revised).
Recap & Outlook is a single report focused on the key developments of the week.
South Africa’s gross gold and foreign exchange reserves increased to $72.07 bn in November from $71.55 bn in October.
The South African current account deficit narrowed to -R57bn in Q3 from a revised reading of -R72.2bn in Q2.