South Africa: Current account of the balance of payments - Third quarter 2025

South Africa: Current account of the balance of payments - Third quarter 2025

From resbank.co.za

The deficit on the current account of the balance of payments narrowed to R57.0 billion in the third quarter of 2025 from a revised R72.2 billion in the second quarter. The current account deficit as a ratio of gross domestic product (GDP) narrowed to 0.7% in the third quarter of 2025 from 1.0% in the second quarter. South Africa’s trade surplus narrowed further from R187.2 billion in the second quarter of 2025 to R178.3 billion in the third quarter as the value of merchandise imports increased more than that of goods exports. The value of exports and imports of goods and services increased by R30.8 billion and ... (full story)

- Older Stories
ECB's Cipollone: We are assuming that the savings rate will go down; if it doesn't...
From @financialjuice|Dec 4, 2025|3 comments
ECB's Cipollone: We are assuming that the savings rate will go down; if it doesn't materialise, we will need to act. ECB board member Cipollone says the bank will need to act if assumptions fail, given that many risks remain, when asked if it’s premature to end rate cuts – Nikkei interview. MORE ECB'S CIPOLLONE: THERE WAS CONCERN THAT GROWTH FORECASTS MIGHT BE OVERLY OPTIMISTIC, BUT ECONOMY HAS BEEN RESILIENT #ecb #europeancentralbank #eurozone #monetarypolicy #pierocipollone #inflation #interestrates MORE ECB'S CIPOLLONE: RISKS AROUND INFLATION SEEM BALANCED; CENTRAL SCENARIO OF RETURN TO INFLATION TARGET OVER MEDIUM TERM SEEMS MORE CREDIBLE #ecb #europeancentralbank #eurozone #monetarypolicy #pierocipollone #inflation #interestrates
Gold slips as investors turn cautious ahead of Fed meeting
From brecorder.com|Dec 4, 2025|5 comments
Gold dipped on Thursday as investors booked profits and turned cautious ahead of next week’s U.S. Federal Reserve meeting, awaiting data for clearer cues on the central bank’s ...
Gold Holds Steady, Silver Scales Record High
From beemarkets.com|Dec 4, 2025
Gold prices held steady on Wednesday, buoyed by weak private payrolls data that reinforced expectations of a U.S. interest rate cut next week, while silver hit a fresh record ...

- Newer Stories
Steepest downturn in UK construction output for five-and-a-half years
From pmi.spglobal.com|Dec 4, 2025|2 comments
November data pointed to a sharp and accelerated reduction in output levels across the construction sector amid widespread reports of challenging market conditions. New orders ...
US Economic Confidence Slips; Holiday Spending Plans Plummet
From news.gallup.com|Dec 4, 2025
U.S. consumers expressed increased concern about the economy and jobs in November during a period that encompassed the final stretch of the nation’s longest federal government ...
Glencore to raise global copper production by 2035
From argusmedia.com|Dec 4, 2025
Global metals producer Glencore expects to increase its copper output to 1.6mn t by 2035, on the back of mine expansions, but faces short-term copper challenges. It plans to ...

Related Stories