ECONOMIC WEEK AHEAD: Economists expect mining and manufacturing output to continue shrinking

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ECONOMIC WEEK AHEAD: Economists expect mining and manufacturing output to continue shrinking
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Retail sales figures for January will provide a glimpse into consumer spending patterns

SA’s key production sectors will take centre stage this week, giving an early snapshot into how the country’s GDP is likely to fare in the first quarter of 2023.

Stats SA will on Tuesday release mining production figures for January, as well as for manufacturing output. Both sets of data are expected to show a further deceleration in activity given the intensity of power rationing, while the outlook on the global economy has increasingly become uncertain...

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