Gauteng Department of Economic Development - Weekly Economic Insights 07-11 June 2021.pdf

Gauteng Department of Economic Development Department of Economic Development 2021/08/24 - 22:00


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.  

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Gauteng Department of Economic Development - Weekly Economic Insights 07-11 June 2021.pdf

Published 2021/08/24 - 22:00

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