South Africa Economic Outlook: A challenging time for consumers

This document reports on PwC South Africa’s core macroeconomic forecasts for the country as of 24 January 2022, based on different forward looking scenarios.

The projections are updated on a monthly basis though revisions could occur more frequently due to major economic data releases or key influential events. Our economic model has been updated and recalibrated following the comprehensive revision of national accounts data as released by Statistics South Africa (Stats SA) in August 2021.

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