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, 2026Q2

Date Uploaded: May 06 2026 14:54


South Africa entered 2026 with improving momentum, supported by lower inflation, easing electricity constraints and stronger consumer spending. However, the escalation of conflict in the Middle East has materially complicated the outlook. Overall, the South African economy is still expected to grow over the next two years, but the pace of expansion is likely to remain modest.