2023 COMPETITION PROGRAMME

VARIABLES SELECTED TO BE INCLUDED IN 2023

The following variables have been selected to be included in the 2023 competition. Economic forecasts with respect to these variables will need to be predicted on a monthly basis during 2023.

• Average real annual GDP growth rate for 2023
• Average consumer inflation rate (CPI) for 2023
• Average prime interest rate in Q4 2023
• Average ZAR/USD exchange rate in Q4 2023
• Average Brent Crude oil price in Q4 2023
• Average real annual household expenditure growth rate for 2023
• Average yield on long-term government bonds in Q4 2023
• Current Account Balance growth as % of GDP for 2023