TABLE-Latest South African macroeconomic forecasts
CAPE TOWN, 22 (Reuters) - The following are South African
macroeconomic forecasts outlined in the Finance Ministry's 2012
budget presented on Wednesday.
* Percentage change unless otherwise indicated.
Year 2012/13 2013/14 2014/15
- - - - - - - - - - - - - - - - - - - - - - - - --
Budget balance
(% of GDP) -4.6 -4.0 -3.0
Public sector
borrowing requirement
(% of GDP) 7.1 6.2 5.0
- - - - - - - - - - - - - - - - - - - - - - - - -
2012 2013 2014
Final household
consumption 3.6 3.8 4.2
Final government
consumption 4.1 4.1 4.1
Gross fixed capital
formation 4.1 4.5 6.0
Gross domestic
expenditure 3.9 4.2 4.9
- - - - - - - - - - - - - - - - - - - - - - - - - -
Headline CPI
inflation (ave) 6.2 5.3 5.1
Current account
balance (% of GDP) -4.3 -4.5 -4.4
Real GDP growth 2.7 3.6 4.2
GDP inflation 6.1 6.2 6.1
GDP at current
prices (R bln) 3,204 3,526 3,897
Exports 2.9 5.8 6.6
Imports 7.2 7.1 8.3
- - - - - - - - - - - - - - - - - - - - - - - - -
Total gross loan
debt (R bln) 1354.9 1528.2 1694.9
Total gross loan
debt (% of GDP) 41.0 42.2 42.4
(Reporting by Wendell Roelf; Editing by Phumza Macanda)
© Thomson Reuters 2012 All rights reserved
