Battered from Many Fronts

SOUTH AFRICA - Forecast 18 Oct 2013 by Iraj Abedian
Executive Summary We maintain our previous forecast for subdued economic activity in South Africa over the medium-term, with inflation adjusted gross domestic product growth recording 2.0 percent in 2013 and 2.4 percent in 2014. The labor market is poised to remain weak as we expect companies to postpone hiring more staff due to (1) unfavorable labor market conditions and (2) subdued economic activity. Against this backdrop, misery (a combination of unemployment and inflation) in the South African economy has been on the increase. Inflationary pressures are increasing due to increased input...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This forecast is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This forecast is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this forecast or its contents.