KZN Provincial Treasury - KZN Economic Data2015-11-09 Below are some of the latest economic stats and monthly newsletter.
BDSI Report Nov 2015 Salary growth declines, pensions continue to increase Average salary growth declined slightly to 6.6% as the large back pay of civil servant salary increases abated, according to the BankservAfrica Disposable Salary Index (BDSI). The average disposable salary for September was R12 989 - about R120 lower than August. Click below link to download BDSI Report Nov 15: BDSI Report Nov 2015.docx - 67.5 KB BER Financial Report 3rd Quarter Retail banking confidence declines on the back of weak growth and rising credit losses The third quarter proved to be another difficult one for the South African economy. Data shows that growth turned negative in the 2nd quarter of the year, with emerging markets across the globe facing renewed pressure on the back of a sharply weakening Chinese economy in the third quarter. Equity markets, commodity prices, currencies and bond markets all experienced hikes in volatility, with emerging market currencies falling sharply, following weaker commodity prices. South Africa felt the impact of these difficulties. Click below link to download BER Report for 3rd Quarter: BER Fin Report_15Q3.pdf - 300.8 KB BETI Report October 2015 The BankservAfrica Economic Transaction Index (BETI) measures South African payment system transactions, smaller than R5 million, giving a broad picture of the current South African economy. While the BETI is still positive on where it was a year ago, the rate of growth is declining rapidly, and indicates that the economic activity over the short term is in retreat. This latest quarter was the weakest quarter-on-quarter change since November 2013, and shows how deep the decline in the South African economy is, according to economic transactions as measured by BankservAfrica. This month’s BETI indicates that monthly changes are also declining at the fastest rate. Three consecutive monthly declines are unusual when an economy is not in decline - this has happened only once in the last four years Click below link to download BETI Report for Oct 2015: BETI Report Oct 2015.docx - 87.5 KB Click below link to download Africa Cities 2015: Africa_Cities_2_2015.pdf - 1.3 MB Click below link to download SA facts and Figures Nov 15: Stats SA fact and Figures Nov 15.pdf - 1.6 MB SASSA 9-2015.pdf - 339.8 KB
SASSA 9-2015.pdf
Click on below link to download Oct 2015 Newsletter:
General Manager: Infrastructure Management and Economic Services
KZN Provincial Treasury
Economist (PhD UKZN)
033 897 4538
http://www.kzntreasury.gov.za/ |
KZN Provincial Treasury - KZN Economic Data
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