Consumer Spending in South Africa increased to 1961051 ZAR Million in the third quarter of 2019 from 1960080 ZAR Million in the second quarter of 2019.

Consumer Spending in South Africa averaged 951575.23 ZAR Million from 1960 until 2019, reaching an all time high of 1961051 ZAR Million in the third quarter of 2019 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. source: South African Reserve Bank

Consumer Spending in South Africa is expected to be 1955318.00 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 1984584.00 in 12 months time. In the long-term, the South Africa Consumer Spending is projected to trend around 2054647.00 ZAR Million in 2020, according to our econometric models.


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South Africa Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
1961051.00 1960080.00 1961051.00 260612.00 1960 - 2019 ZAR Million Quarterly
Constant Prices 2010, SA & Annualized
South Africa Consumer Last Previous Highest Lowest Unit
Consumer Confidence -7.00 -7.00 26.00 -33.00 points [+]
Retail Sales MoM 3.10 0.10 3.90 -4.80 percent [+]
Retail Sales YoY 2.60 0.40 15.50 -6.30 percent [+]
Consumer Spending 1961051.00 1960080.00 1961051.00 260612.00 ZAR Million [+]
Disposable Personal Income 3068290.00 3037235.00 3068290.00 3520.00 ZAR Million [+]
Personal Savings -0.10 -0.20 23.80 -2.50 percent [+]
Private Sector Credit 6.60 7.28 35.88 -2.35 percent [+]
Bank Lending Rate 9.75 9.75 25.50 5.50 percent [+]
Gasoline Prices 1.15 1.09 1.44 0.43 USD/Liter [+]
Households Debt To GDP 34.00 33.80 43.90 33.10 percent of GDP [+]
Households Debt To Income 71.90 71.90 86.40 40.30 percent [+]
Consumer Confidence Economic Expectations -22.20 -1.00 37.00 -38.00 [+]
Consumer Confidence Financial Expectations 6.40 3.00 30.40 -22.00 [+]
Consumer Confidence Major Purchases Expectations -11.80 -17.00 13.10 -42.00 [+]