Economy / General

Repo rate to hold but a rate hike could be around the corner: Finder’s economist panel

4Q20 GDP: Growth sustained but slow relative to 3Q20

The economy officially grew by 6.3% q/q seasonally adjusted and annualised in 4Q20 following upwardly revised growth of 67.3% q/q (previously: 66.1% q/q) seasonally adjusted and annualised.

Another recession unlikely for now, but we still need to take our medicine to achieve sustainable growth

The GDP print for the fourth quarter of 2020 has come in better than expected, seeing markets respond positively in terms of rand strength and bond yields.

Further strong GDP growth for agriculture in the 4th quarter of 2020

The latest Statistics South Africa (StatsSA) GDP update shows further strong growth in agriculture of 5.9% (annualised seasonally adjusted quarterly) in the fourth quarter of 2020, bringing the overall 2020 performance to 13.1%.