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South Africa Gross Domestic Product (GDP) Annualized QoQ

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South Africa Gross Domestic Product (GDP) Annualized QoQ

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Latest Release
Jun 30, 2020
Actual
-2.0%
Forecast
-3.8%
Previous
-1.4%
Gross National Product and Gross Domestic Product is the total value of the finished goods and services produced in the economy. It is not a precise measure of national economic well-being but expressed in volume (adjusted for inflation) it is the closest single number we have got to such a measure. It is the sum of final expenditures; Export of goods and services, Imports of goods and services, Private Consumption, Government Consumption, Gross Fixed Capital Formation and Increases/Decreases(-) in stocks
A higher than expected reading should be taken as positive/bullish for the ZAR , while a lower than expected reading should be taken as negative/bearish for the ZAR.
Importance:
Country:
Currency: ZAR
Source: Statistics South Africa Head O...
South Africa Gross Domestic Product (GDP) Annualized QoQ
 
Release Date Time Actual Forecast Previous
Jun 30, 2020 (Q1) 05:30 -2.0% -3.8% -1.4%
Mar 03, 2020 (Q4) 05:30 -1.4% -0.1% -0.8%
Dec 03, 2019 (Q3) 05:30 -0.6% 0.1% 3.2%
Sep 03, 2019 (Q2) 05:30 3.1% 2.4% -3.1%
Jun 04, 2019 (Q1) 05:30 -3.2% -1.7% 1.4%
Mar 05, 2019 (Q4) 05:30 1.4% 1.8% 2.6%

Analysis

Marc Chandler
Emerging Markets: Week Ahead By Marc Chandler - Mar 04, 2018

From my colleague Dr. Win Thin EM FX ended Friday on a mixed note, capping off a largely softer week. Best performers last week for MYR and TWD while the worst were ZAR and ARS. US stocks clawed back...

GDP Annualized (QoQ) Discussion

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All Comments (1)
Godfrey Matsika
Godz Sep 04, 2018 4:55AM ET
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recession
 
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