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South Africa Gross Domestic Product (GDP) YoY
Latest Release
Sep 03, 2024
Actual0.3%
Previous0.5%
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocksA higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Sep 03, 2024 (Q2) | 04:30 | 0.3% | 0.5% | ||
| Jun 04, 2024 (Q1) | 04:30 | 0.5% | 0.6% | 1.4% | |
| Mar 05, 2024 (Q4) | 04:30 | 1.2% | 0.9% | -0.7% | |
| Dec 05, 2023 (Q3) | 04:30 | -0.7% | -0.2% | 1.5% | |
| Sep 05, 2023 (Q2) | 04:30 | 1.6% | 1.1% | 0.2% | |
| Jun 06, 2023 (Q1) | 04:30 | 0.2% | 0.2% | 0.8% |
Analysis
Week Ahead: ECB To Set Up A July Hike And U.S. Inflation Nears Peak
By Ed Moya - Jun 05, 2022
3
Last week's nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking campaign anytime soon.The May employment report was impressive, but it will likely be the last...
Week Ahead – Enormous Uncertainty
By Craig Erlam - Mar 04, 2022
2
Recession Risks MountingIt’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high...
Week Ahead: RBA, BOE, ECB, OPEC+, And NFP In Focus
By Ed Moya - Jan 30, 2022
After a rollercoaster January, Wall Street is now expecting the Fed to aggressively raise interest rates over the course of the year as they scramble to control inflation. The US dollar is once again...
GDP (YoY) Discussion
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