Description |
1 online resource (175 pages) |
Series |
1\ IMF Staff Country Reports, 1934-7685 |
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IMF Staff Country Reports9; Country Report 9; No. 2023/194
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Summary |
South Africa's strong economic recovery from the COVID-19 pandemic is petering out. Growth moderated from 4.9 percent in 2021 to 2.0 percent in 2022 as the country was buffeted by Russia's war in Ukraine, global monetary policy tightening, severe floods, and an unprecedented domestic energy crisis. Inflation rose above the target band though inflation expectations remained anchored. The current account moved back into a deficit after a temporary commodity-price driven surplus |
Notes |
Description based on print version record |
Form |
Electronic book
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