South Africa
+1.5
▼
vs 1w ago (+3.8)
South Africa economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+1.5
1 Week Ago
+3.8
Releases (90d)
76
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with JSE Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Inflation Expectations +2.55z
- Inflation Expectations +2.55z
- Core Inflation Rate YoY +2.36z
- Inflation Rate YoY +1.02z
- Current Account +1.53z
▼ Top Negative Surprises
- Inflation Rate MoM -3.97z
- Core Inflation Rate MoM -4.48z
- Inflation Rate MoM -3.97z
- Inflation Rate MoM -1.32z
- Inflation Rate YoY -0.93z
All Releases — 90 Day Window (76 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-03-18 | Inflation Rate MoM | 0.4 | 0.1 | -3.969 | Medium | -180.94 |
| 2026-03-18 | Core Inflation Rate MoM | 0.7 | 0.1 | -4.481 | Low | -102.13 |
| 2026-03-16 | Inflation Expectations | 3.6 | 4.0 | +2.553 | Low | +55.55 |
| 2026-03-16 | Inflation Expectations | 3.6 | 4.0 | +2.553 | Low | +55.55 |
| 2026-03-18 | Core Inflation Rate YoY | 3.0 | 3.3 | +2.356 | Low | +53.70 |
| 2026-01-22 | Inflation Rate MoM | 0.2 | -0.1 | -3.969 | Medium | -50.78 |
| 2026-03-18 | Inflation Rate YoY | 3.0 | 3.1 | +1.023 | Medium | +46.65 |
| 2026-02-18 | Inflation Rate MoM | 0.2 | 0.1 | -1.323 | Medium | -31.58 |
| 2026-03-12 | Current Account | 50.2 | -30.0 | +1.533 | Low | +30.41 |
| 2026-03-12 | Current Account | 50.2 | -30.0 | +1.533 | Low | +30.41 |
| 2026-02-26 | Producer Price Index MoM | -0.2 | 0.1 | +1.591 | Low | +22.85 |
| 2026-03-04 | Business Confidence | 47.0 | 35.0 | +0.686 | Medium | +22.65 |
| 2026-03-04 | Business Confidence | 47.0 | 35.0 | +0.686 | Medium | +22.65 |
| 2026-02-18 | Inflation Rate YoY | 3.5 | 3.4 | -0.933 | Medium | -22.27 |
| 2026-02-04 | S&P Global PMI | 50.0 | 46.8 | +2.248 | Low | +19.42 |
| 2026-03-12 | Mining Production MoM | 2.9 | -0.8 | +0.960 | Low | +19.06 |
| 2026-03-10 | GDP Growth Rate YoY | 0.8 | 1.8 | -0.477 | Medium | -18.07 |
| 2026-02-18 | SACCI Business Confidence | 131.4 | 122.0 | +1.513 | Low | +18.06 |
| 2026-02-27 | Balance of Trade | 9.31 | -20.0 | +0.599 | Medium | +17.62 |
| 2026-02-18 | SACCI Business Confidence | 133.2 | 125.0 | +1.288 | Low | +15.38 |
| 2026-02-02 | ABSA Manufacturing PMI | 48.7 | 43.0 | +1.508 | Low | +12.44 |
| 2026-02-24 | Leading Business Cycle Indicator MoM | -1.0 | 0.8 | -0.868 | Low | -11.90 |
| 2026-01-22 | Inflation Rate YoY | 3.6 | 3.5 | -0.906 | Medium | -11.60 |
| 2026-03-12 | Manufacturing Production MoM | 1.5 | 0.3 | +0.570 | Low | +11.31 |
| 2026-03-18 | Retail Sales MoM | 0.9 | -0.4 | +0.483 | Low | +11.01 |
| 2026-02-06 | Foreign Exchange Reserves | 80.19 | 78.0 | +1.174 | Low | +10.62 |
| 2026-03-12 | Mining Production YoY | 4.6 | -1.6 | +0.493 | Low | +9.79 |
| 2026-03-06 | Foreign Exchange Reserves | 81.06 | 82.0 | -0.479 | Low | -8.28 |
| 2026-01-08 | Foreign Exchange Reserves | 75.89 | 73.0 | +1.655 | Low | +7.66 |
| 2026-03-18 | Retail Sales YoY | 4.2 | 2.5 | +0.281 | Low | +6.41 |
| 2026-03-02 | ABSA Manufacturing PMI | 47.4 | 49.0 | -0.372 | Low | -5.85 |
| 2026-01-21 | Mining Production MoM | -5.9 | 1.7 | -0.928 | Low | -5.80 |
| 2026-03-04 | S&P Global PMI | 50.0 | 50.5 | -0.326 | Low | -5.37 |
| 2026-01-22 | Core Inflation Rate YoY | 3.3 | 3.2 | -0.810 | Low | -5.18 |
| 2026-01-30 | Balance of Trade | 23.18 | 13.0 | +0.320 | Medium | +4.93 |
| 2026-02-26 | Producer Price Index YoY | 2.2 | 2.8 | +0.326 | Low | +4.68 |
| 2026-03-10 | GDP Growth Rate QoQ | 0.4 | 0.3 | +0.119 | Medium | +4.49 |
| 2026-02-18 | Core Inflation Rate MoM | 0.3 | 0.2 | -0.373 | Low | -4.46 |
| 2026-01-08 | ABSA Manufacturing PMI | 40.5 | 44.0 | -0.905 | Low | -4.19 |
| 2026-01-21 | Retail Sales YoY | 3.5 | 1.4 | +0.620 | Low | +3.88 |
| 2026-03-12 | Gold Production YoY | 0.7 | -0.8 | +0.181 | Low | +3.60 |
| 2026-02-17 | Unemployment Rate | 31.4 | 31.7 | +0.152 | Medium | +3.54 |
| 2026-02-17 | Unemployment Rate | 31.4 | 31.7 | +0.152 | Medium | +3.54 |
| 2026-02-12 | Mining Production YoY | 2.5 | -1.8 | +0.304 | Low | +3.16 |
| 2026-03-12 | Manufacturing Production YoY | -0.7 | -2.0 | +0.155 | Low | +3.07 |
| 2026-02-18 | Retail Sales MoM | -0.4 | 0.8 | -0.223 | Low | -2.66 |
| 2026-01-22 | Building Permits | 5.8 | 2.1 | +0.366 | Low | +2.34 |
| 2026-02-27 | Private Sector Credit YoY | 8.83 | 9.4 | -0.154 | Low | -2.26 |
| 2026-01-30 | Budget Balance | 38.44 | 24.0 | +0.274 | Low | +2.11 |
| 2026-02-19 | Building Permits | -14.3 | -8.0 | -0.164 | Low | -2.00 |
| 2025-12-31 | M3 Money Supply YoY | 8.26 | 7.5 | +0.489 | Low | +1.88 |
| 2026-02-12 | Manufacturing Production YoY | -1.4 | -0.8 | -0.178 | Low | -1.85 |
| 2026-01-30 | Private Sector Credit YoY | 8.74 | 8.0 | +0.235 | Low | +1.81 |
| 2026-02-18 | Retail Sales YoY | 2.6 | 3.7 | -0.123 | Low | -1.47 |
| 2026-01-21 | Retail Sales MoM | 0.6 | -1.2 | +0.223 | Low | +1.39 |
| 2026-01-21 | Mining Production YoY | -2.7 | 4.6 | -0.202 | Low | -1.26 |
| 2026-02-12 | Gold Production YoY | 1.1 | -4.5 | +0.120 | Low | +1.25 |
| 2026-01-21 | Gold Production YoY | -6.0 | -2.0 | -0.193 | Low | -1.21 |
| 2026-02-12 | Mining Production MoM | -1.2 | -2.5 | +0.108 | Low | +1.12 |
| 2025-12-30 | Budget Balance | -14.99 | -34.0 | +0.255 | Low | +0.96 |
| 2026-01-06 | S&P Global PMI | 47.7 | 48.0 | -0.205 | Low | -0.91 |
| 2025-12-31 | Balance of Trade | 37.7 | 30.0 | +0.105 | Medium | +0.81 |
| 2026-02-17 | Unemployed Persons | 7.836 | 7.9 | +0.067 | Low | +0.78 |
| 2026-02-17 | Unemployed Persons | 7.836 | 7.9 | +0.067 | Low | +0.78 |
| 2026-02-27 | Budget Balance | -69.69 | -62.8 | -0.050 | Low | -0.73 |
| 2025-12-31 | Private Sector Credit YoY | 7.79 | 7.4 | +0.134 | Low | +0.52 |
| 2026-01-09 | Manufacturing Production YoY | -1.0 | -1.4 | +0.068 | Low | +0.32 |
| 2026-03-02 | Total New Vehicle Sales | 53.46 | 51.0 | +0.014 | Low | +0.22 |
| 2026-02-12 | Manufacturing Production MoM | -1.2 | -1.4 | +0.020 | Low | +0.21 |
| 2026-02-02 | Total New Vehicle Sales | 50.07 | 52.0 | -0.011 | Low | -0.09 |
| 2026-01-09 | Manufacturing Production MoM | -1.1 | -1.2 | +0.012 | Low | +0.06 |
| 2026-01-05 | Total New Vehicle Sales | 48.98 | 50.0 | -0.006 | Low | -0.03 |
| 2026-01-29 | Producer Price Index YoY | 2.9 | 2.9 | -0.000 | Low | -0.00 |
| 2026-01-29 | Interest Rate Decision | 6.75 | 6.75 | +0.000 | Medium | +0.00 |
| 2026-01-29 | Interest Rate Decision | 6.75 | 6.75 | +0.000 | Low | +0.00 |
| 2026-02-18 | Core Inflation Rate YoY | 3.4 | 3.4 | -0.000 | Low | -0.00 |