Monthly forecast

The following graphs provide a summary of the monthly predictions received from the 2023 participants on each of the eight selected economic variables. The red star in each graph indicates the consensus forecast for the respective month.

Average real annual GDP growth rate for 2024

Average consumer inflation rate (CPI) for 2024

Average prime interest rate in Q4 2024

Average ZAR/USD exchange rate in Q4 2024

Average Brent Crude oil price in Q4 2024

Average real annual household expenditure growth rate for 2024

Average yield on long-term government bonds in Q4 2024

Current Account Balance as % of GDP for 2024