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.

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Outlook, October 2024

Date Uploaded: October 31 2024 14:15


Economic Outlook provides a summary of our medium-term forecast (up to 2029) and includes a discussion of the risks to the baseline forecast. In many ways, 2024 is turning out much better than expected. Most notably, the extended absence of load-shedding and positive noises from the newly established Government of National Unity (GNU) about much-needed structural reform are welcome developments. However, despite shifts in some of the underlying components, our headline real GDP growth forecast for 2024 is unchanged at ‘just’ 1%.