Nedbank expects SA’s GDP to 1.3% in 2026, 1.4% in 2027
Nedbank Group Limited says South Africa’s GDP growth is expected to improve modestly to around 1.3% in 2026 and 1.4% in 2027, supported by resilient consumer spending but constrained by weak business confidence, subdued fixed investment and global energy price risks.
Staff Writer
Nedbank Group Limited says South Africa’s GDP growth is expected to improve modestly to around 1.3% in 2026 and 1.4% in 2027, supported by resilient consumer spending but constrained by weak business confidence, subdued fixed investment and global energy price risks.
Inflation is expected to average around 4% in 2026, remaining above SARB’s 3% target but within its tolerance band, and the prime lending rate is expected to increase by a further 25 bps in September 2026 before declining in 2027.
