What are the 5 key economic indicators in South Africa?
Inflation
- Inflation rate. 3.27% Inflation rate in South Africa 2026. Inflation rate in South Africa 2026.
- Consumer Price Index (CPI) of food products. 118.2. Monthly CPI of food in South Africa 2019-2021.
- Consumer Price Index (CPI) of clothing and footwear. 106.7. Monthly CPI of clothing & footwear in South Africa 2019-2021.
What are three indicators of economic performance?
National income, output, and spending are three key variables that indicate whether an economy is growing, or in recession. Like many other indicators, income, output, and spending can also be measured in per capita (per head) terms.
What is South Africa’s economic indicators?
South Africa – Economic Indicators
| Overview | Last | Range |
|---|---|---|
| GDP Annual Growth Rate (%) | 19.3 | -16.8 : 19.3 |
| Unemployment Rate (%) | 34.4 | 21.5 : 34.4 |
| Coronavirus Vaccination Rate (doses per 100 people) | 28.03 | 0 : 28.03 |
| Inflation Rate (%) | 4.9 | 0.2 : 20.7 |
What are the 6 key economic indicators?
Among other indicators, Kalava suggests factoring in metrics such as job growth rate and unemployment, the budget deficit and U.S. national debt, federal spending and tax collections, stock market performance, industrial productivity, the U.S. trade gap, the housing market, consumer confidence, personal income.
What are the 5 key economic indicators?
Top Economic Indicators and How They’re Used
- Gross Domestic Product (GDP)
- The Stock Market.
- Unemployment.
- Consumer Price Index (CPI)
- Producer Price Index (PPI)
- Balance of Trade.
- Housing Starts.
- Interest Rates.
How Covid 19 affects South African economy?
In total, these lockdown measures have profound economic implications. In terms of recovery, the ‘Quick’ recovery scenario results in a GDP decline of about 5 per cent by the end of 2020—an economic outcome that would have been considered catastrophically bad a little more than one month ago.
What are the 10 leading economic indicators?
Top Ten US Economic Indicators
- GDP.
- Employment Figures.
- Industrial Production.
- Consumer Spending.
- Inflation.
- Home Sales.
- Home Building.
- Construction Spending.
What are the 5 economic indicators?
What are the three types of indicators?
Indicators can be described as three types—outcome, process or structure – as first proposed by Avedis Donabedian (1966).
How did COVID-19 affect the economy?
The COVID-19 pandemic has caused direct impacts on income due to premature deaths, workplace absenteeism, and reduction in productivity and has created a negative supply shock, with manufacturing productive activity slowing down due to global supply chain disruptions and closures of factories.
How did COVID-19 affect South African education?
PRETORIA, 22 July 2021 – The impact of disrupted education since the COVID-19 outbreak has been devastating, with learners between 75 per cent and a full school year behind where they should be, according to latest statistics. The total number of out of school children is now up to 750,000.
What are the economic indicators in South Africa?
Economic Indicators for South Africa including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for South Africa economy.
What is the economic outlook for South Africa?
Given the slow pace of vaccinations, the pandemic will weigh on the region’s economy at least until 2023, significantly longer than in most areas. The current rise in South African COVID-19 infections presents downside risks to the outlook.
What’s the GDP growth rate in South Africa?
Stats SA’s Gross domestic product (GDP) release for the fourth quarter of 2020 (October–December) concludes the series for the year, providing a sobering overview of 2020. The economy grew by 1,5% in the fourth quarter, giving an annualised 1 growth rate of 6,3%.
What kind of economic policy does South Africa have?
South Africa’s economic policy has focused on controlling inflation while empowering a broader economic base; however, the country faces structural constraints that also limit economic growth, such as skills shortages, declining global competitiveness, and frequent work stoppages due to strike action.