Consumer Spending in South Africa increased to 1969884 ZAR Million in the first quarter of 2020 from 1966371 ZAR Million in the fourth quarter of 2019.
Consumer Spending in South Africa averaged 959993.07 ZAR Million from 1960 until 2020, reaching an all time high of 1969884 ZAR Million in the first quarter of 2020 and a record low of 260612 ZAR Million in the first quarter of 1960. This page provides the latest reported value for - South Africa Consumer Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Consumer Spending - values, historical data and charts - was last updated on August of 2020. source: South African Reserve Bank
Consumer Spending in South Africa is expected to be 1900962.00 ZAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in South Africa to stand at 2001402.00 in 12 months time. In the long-term, the South Africa Consumer Spending is projected to trend around 1866184.00 ZAR Million in 2021 and 1920304.00 ZAR Million in 2022, according to our econometric models.