The Financial Sector Forum
Trade
Nedbank: Trade data
30 Apr. Nedbank Economic Commentary: Trade data. A large trade deficit was recorded in the first quarter of 2012. A R5,5 billion deficit was recorded in March following two months of large deficits. Exports rose by 9% over the month, while imports increased by 4,8%. This pushed the trade deficit for the first quarter of this … Continue reading
SACCI Trade Conditions Survey
16 Apr. The South African Chamber of Commerce and Industry (SACCI) Trade Conditions Survey. Trade Conditions Continue Improving. Trade conditions improved further in March 2012 after a recovery into positive territory in February 2012. The non-seasonally adjusted TAI (Trade Activity Index) increased by 3 points from 57 in February to 60 in March 2012. The … Continue reading
Nedbank: Trade data
31 Mar. Nedbank Economic Commentary: Trade data. The trade account recorded another larger-than-expected deficit in February. Exports rose by 4,2 % m-o-m in February while imports fell by 5,6 %, resulting a R7,5 billion deficit, which is more than the consensus forecast of R5billion, although lower than January’s massive R13,5 billion shortfall. Over the month, … Continue reading
Nedbank: Trade data
05 Mar. Nedbank Economic Commentary: Trade data. A larger than expected trade deficit in January as exports dropped sharply. A R13,5 billion trade deficit was recorded in January following a R4,7 billion surplus in December, as exports fell by 14,3% over the month, while imports rose by 15,8%. Trade figures are very volatile and too much … Continue reading
Nedbank: Trade data
01 Feb. Nedbank Economic Commentary: Trade data. A large trade surplus was recorded in December following two months of large deficits. The trade account recorded a surplus of R4,7 billion in December following a R8 billion deficit in November. Imports fell sharply by 23,8% over the month, while exports were down by 8%. On a year … Continue reading
Nedbank: Trade data
30 Dec. Nedbank Economic Commentary: Trade data November 2011. The trade deficit remained unexpectedly high in November. November’s trade deficit remained high at R8,04 billion from October’s exceptionally large R9,58 billion shortfall. The November deficit was expected to narrow for seasonal reasons as imports normally start to ease in the month following earlier festive season … Continue reading
Nedbank: Trade data
01 Nov. Nedbank Economic Commentary: Trade data. Strong export growth pushes the trade account into surplus. A strong rise in exports pushed the trade account to a R2,5 billion surplus in September after two months of large deficits. Exports were up by 11,1% m-o-m and 27,5% y-o-y, while imports increased by 0,8% m-o-m and 31,7% … Continue reading
Nedbank: Trade data
01 Oct. Nedbank Economic Commentary: Trade data August 2011. Another large trade deficit as exports improve from a low base while imports remain strong. Another massive trade deficit of R3,7 billion was recorded in August, well above the market consensus of a R550 million deficit. Exports were up by 8,0% m-o-m and 25,7% y-o-y, while … Continue reading
SA still the robust engine of Africa for US investors
SA still the ‘robust engine’ of Africa for US investors. US investors still thought of SA as Africa’s “robust economic engine” despite concern about slower growth and the raging debate over nationalisation, senior US officials yesterday said. US Assistant Secretary of Commerce for Market Access and Compliance Michael Camun ez arrived in SA yesterday with … Continue reading
Nedbank: Trade data
01 Sep. Nedbank Economic Commentary: Trade data July 2011. The trade account recorded a large deficit in July following a big surplus in the previous month. The R3,9 billion deficit in July was a result of a decline in exports, which fell by 6,7% m-om against imports, which rose by 8,5% m-o-m. The decline in … Continue reading
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