Macro Economic Indicators May 2023

June 15, 2023

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Economic Indicators May 2023.xlsx

Eastern Cape: High Infrastructure Need. Selective Recovery. Critical Turning Point.
The Eastern Cape construction market is stabilising — but the recovery is uneven. Civil works are driving momentum, private industrial demand is accelerating, and the provincial pipeline has returned [...]
From Pipeline to Pay-Day: Will South Africa’s Construction Plans Finally Convert into Reality in 2026?
South Africa’s construction outlook for 2026 is improving at the margins, but the gap between plans and execution remains wide. While inflation and interest rates are easing and investor sentiment [...]
Residential Gains Offset by Retail Collapse in November 2025 Building Approvals
Early signs of stabilisation are emerging in South Africa’s private construction market, with multi-unit housing approvals up 23% y/y and total residential space increasing by 9% in November 2025. [...]

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