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Consumers face mounting pressure.
GDP

GDP contraction puts pressure on South African consumers

South Africa’s latest economic number tells a bigger story.

  • Ashley Lechman
5 min read
South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved. The rand remained relatively stable despite higher oil prices and global inflation concerns.
PMI

Sunday review: Rand holds firm as SA data paints mixed picture of economy

South Africa’s latest economic data delivered mixed signals, with manufacturing confidence weakening while tourism and new vehicle sales improved.

  • Ashley Lechman
  • Yogashen Pillay
5 min read