Economic News

South Africa’s Economic Pulse: March 2023 Data Revealed!

Published by
WIlliam Dube
  1. The South African Reserve Bank (SARB) has released a comprehensive set of economic data for March 2023, covering various sectors including money and banking, international economic data, and capital market.
  2. The data also includes seasonally adjusted economic indicators, credit and deposit analysis, and detailed graphs for better understanding of the country’s economic performance.
  3. Policymakers, analysts, and investors will use this data to assess the South African economy’s performance during the first quarter of 2023, informing their decisions and evaluating potential future trends.

The South African Reserve Bank (SARB) has released selected monthly data for various economic indicators, money and banking, banks and mutual banks, international economic data, and capital market for March 2023. The release also includes data for national government finance for February 2023.

SARB disclosed an extensive array of data, which includes seasonally adjusted economic indicators for March 2023, published on April 25th. Additionally, the release encompasses a variety of graphs related to money and banking, international economic data, capital market, national government finance, and economic indicators for the given months.

The comprehensive data provided by the central bank also features credit and deposit analysis. For the quarter ending in March 2023, SARB released credit detail on a quarterly basis, alongside the monthly credit detail for March. Seasonally adjusted credit aggregates for the month of March were also unveiled.

The deposit detail for March 2023 was included in the release, as well as securitisation data for the same month. Furthermore, the counterparts of M3 (levels) for March 2023 were disclosed.

This data release is expected to provide valuable insights into the South African economy’s performance during the first quarter of 2023. Policymakers, analysts, and investors will closely examine the data to determine the current state of the economy and make informed decisions accordingly.

The South African Reserve Bank’s commitment to transparency and the timely release of vital economic data ensures that all stakeholders have access to crucial information for understanding the country’s economic climate and potential trends in the future.

Table 1: South African Reserve Bank Monthly Data Release (March 2023)

CategoryTimeframeRelease Date
Money and BankingMar, 20232023-04-28
Banks and Mutual BanksMar, 20232023-04-28
International Economic DataMar, 20232023-04-28
Capital MarketMar, 20232023-04-28
National Government FinanceFeb, 20232023-04-06
Economic Indicators (Seasonally Adjusted)Mar, 20232023-04-25
Caption: Table 1 shows the various categories of data released by the South African Reserve Bank for March 2023, along with the release dates.

Table 2: Credit and Deposit Analysis Data

Data TypeTimeframeRelease Date
Credit Detail (Quarterly)Mar, 20232023-04-28
Credit Detail (Monthly)Mar, 20232023-04-28
Seasonally Adjusted Credit AggregatesMar, 20232023-04-28
Deposit DetailMar, 20232023-04-28
SecuritisationMar, 20232023-04-28
Counterparts of M3 (levels)Mar, 20232023-04-28
Caption: Table 2 provides an overview of the credit and deposit analysis data released by the South African Reserve Bank for March 2023.
WIlliam Dube

William Dube is a finance and economic news expert with over 10 years of experience in economic anaylsis, financial product assessment and market analysis. With a numerous certificates from prestigious universities including but not limited to Yale University and the University of Pennyslivenia. William specializes in providing insightful news developments in South Africa and commentary on investment strategies, risk management, and global economic trends. You can contact him on

Published by
WIlliam Dube

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