Meanwhile, the Work Bank expects the global economy to expand by a further 1.6% to 5.6% in 2021 and upwardly revised South Africa’s growth forecast to 3.5%. In actual figures, the domestic economic activity increased by 4.6% in 2021:Q1 on the back of stellar mining production figures fueled by advantageous commodity prices. Similarly, favourable trade conditions bode well for South Africa’s current account as annualised mining and manufacturing figures both recorded impressive growth in April 2021.
DOWNLOAD REPORTS
Gauteng Department of Economic Development - Weekly Economic Insights 07-11 June 2021.pdf
Published 2021/08/24 - 22:00
SEARCH FOR SIMILAR PUBLICATIONS WITH THESE KEYWORDS