Skip to main content

South Africa: Tepid recovery in Q2, rate cut still likely

June retail sales figures released today added to the evidence that the economy returned to growth in Q2. But the recovery was soft – we estimate around 1.6% q/q saar – and we still think that policymakers at the SARB will cut their key rate by 25bp in September.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services

Get access