Economic Outlook

Economic Prospects
Economic Outlook
Most recent forecasts
BMR consensus

Economic Outlook

Detailed bi-annual forecast report of the South African economy for the coming six years. The focus is on the expected medium-term business cycle, while also analysing structural changes and emerging trends in the economy. The report provides detailed point estimates of key economic indicators. This includes GDP growth, consumption spending and fixed investment, inflation, interest and exchange rates. The report is exclusive to BER Macro Service clients. For more information, contact us.

Back to Documents

Outlook, October 2023

Date Uploaded: October 25 2023 15:00


Relief on the inflation and interest rate fronts should start to kick in from the second half of next year. Along with an assumption of reduced load-shedding, a continuation of the green-energy investment boom, and with the caveat that the 2024 election does not lead to unstable multiparty coalitions in some key provinces, this should lay the groundwork for a push towards 2% real GDP growth from 2025 onwards.