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. South Africa Consumer Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
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 1978700.00 in 12 months time. In the long-term, the South Africa Consumer Spending is projected to trend around 2004424.00 ZAR Million in 2021 and 2036494.00 ZAR Million in 2022, according to our econometric models.