Consumer Spending in South Africa increased to 1950359 ZAR Million in the fourth quarter of 2018 from 1935067 ZAR Million in the third quarter of 2018. Consumer Spending in South Africa averaged 938804.33 ZAR Million from 1960 until 2018, reaching an all time high of 1950359 ZAR Million in the fourth quarter of 2018 and a record low of 260612 ZAR Million in the first quarter of 1960.
Consumer Spending in South Africa is expected to be 1945109.00 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 1968519.00 in 12 months time. In the long-term, the South Africa Consumer Spending is projected to trend around 2052065.00 ZAR Million in 2020, according to our econometric models.