Consumer Spending in South Africa increased to 1940020 ZAR Million in the first quarter of 2021 from 1917965 ZAR Million in the fourth quarter of 2020. source: South African Reserve Bank
Consumer Spending in South Africa averaged 974423.13 ZAR Million from 1960 until 2021, reaching an all time high of 1966430 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 July of 2021.
Consumer Spending in South Africa is expected to be 1882658.00 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 1967832.00 in 12 months time. In the long-term, the South Africa Consumer Spending is projected to trend around 2044485.00 ZAR Million in 2022 and 2093553.00 ZAR Million in 2023, according to our econometric models.