Macroeconomic Forecast South Africa

BMI View: We hold to our view for the South African economy to undergo a slowdown in growth in 2012, forecasting that real GDP will expand by 2.5% following the 3.1% recorded for 2011. Although private consumption should hold up relatively well, serious headwinds from the global economy will inevitably take their toll on growth.

To read the full article, please choose one of the following options: