Main key indicators only – 2 December 2010: Source: Statsa (StatsOnline):

  • CPI:  December 2010 = 3,5% y/y;
  • PPI:  December 2010 = +5,8 y/y
  • GDP:  3rd Quarter 2010 2,6% q/q
  • Unemployment:  25,3% 3rd Quarter 2010
  • Population  (Census 2001):  44,8 million Night of October 9-10, 2001
  • Population  (Mid-year estimate):  49,99 million Mid 2010

Interest rate in week of 17-21 January 2011:

Latest Rates (source: liberta.co.za):

Prime * = 9.00%; Repo * = 5.50%; CPI * = 3.50%; PPI * = 5.80%; GDP * = 2.60% ;

The latest interest rate cut by the SARB brings interest rates down to the lowest level they’ve been in 28 years. The prime interest rate is currently touching a 28-year low, which was equaled briefly in April 2005. Before that the last time South Africa had interest rates lower than what we have now was in February 1981.

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