Summary of economic releases: 19 to 23 April 2021
20 April: SARB Composite Business Cycle Indicators. The leading BCI rose 13.5% y/y in January (2.1% m/m), pointing to a steady economic recovery into 2021.
21 April: South Africa’s March inflation; Ghana’s Q4 2020 GDP and March Producer price inflation. After easing to 2.9% y/y in February, South Africa’s headline inflation is poised to rise given substantially higher fuel prices (including a 27 cents hike in levies as FY2021/21 begins). Ghana’s GDP numbers will reveal the course of the recovery in the country. The economy contracted by a slower rate of 1.1% y/y in Q3 after a -3.2% print in Q2.
Core Public Holidays
None this week in the core countries.
CORE LINES HIGHLIGHTS DATA AND EVENTS UPCOMING IN SELECT COUNTRIES IN THE REGION. IT IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. FINAL DATES ARE DECIDED BY LOCAL AUTHORITIES.