Economic Prospects

Economic Prospects
Economic Outlook
Most recent forecasts
BMR consensus

Economic Prospects

Detailed quarterly forecast report of the South African economy for the next two years. The focus is on current economic trends, both domestically and globally, as well as forecasts of the most important macroeconomic variables, including inflation, interest and exchange rates, GDP growth and household consumption.

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Economic Prospects, 2026Q1

Date Uploaded: February 12 2026 08:30


South Africa’s outlook is best characterised as one of cautious stabilisation rather than acceleration. Macroeconomic credibility has strengthened and downside risks have receded, but structural constraints continue to limit growth. Unlocking a meaningfully higher trajectory will require sustained investment, improved infrastructure performance and disciplined policy execution.