KZN Provincial Treasury: High economic stress levels bring barometer down2013-02-07 The KwaZulu-Natal economy still grew by 1.1%, but the decline in the barometer was driven by a sharp increase in economic stress levels in the province. The KwaZulu-Natal stress index, which reflects factors like inflation, interest rates and unemployment, increased by 3.4% year-on-year , 0.6% month-on-month and 2.3% quarter-on-quarter. Although inflation in KwaZulu-Natal was unchanged at 5.9%, which is higher than the national average, unemployment in the province is on the rise and stands at 23.2%.
Dr Clive Coetzee General Manager: Infrastructure Management and Economic Services KZN Provincial Treasury Economist (PhD UKZN) 033 897 4538 http://www.kzntreasury.gov.za/ Click on below link to view Barometer November 2012 article: KZN Provincial Treasury Barometer November 2012 - 0.3 Mb
November Results Table
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