ECONOMIC WEEK AHEAD: Mining output and retail data to provide barometer

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South Africa Headlines News

Households are still feeling the pinch as the economy stutters and consumer confidence remains low

SA is bracing for a raft of production and consumption data that will give an indication of the health of the economy as it emerges from the devastation caused by the Covid-19 pandemic.

On the production side, overall mining output data is expected on Tuesday along with gold and platinum production. The pace of contraction in mining production is expected to ease to -3.4% year on year in February, compared with -6.2% year on year in January, according to the median estimate in a Bloomberg survey...

Source: Financial Digest (financialdigest.net)

 

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