/saces/ en /saces/news/list/2024/07/02/significant-slowdown-in-economy-amidst-weak-spending The South ×îÐÂÌÇÐÄVlogn economy has lost momentum over the past six months with key economic indicators showing weaker trends, according to the latest Economic Briefing Report from the SA Centre for Economic Studies. July 04 2024 Anthony Kosturjak /saces/news/list/2024/07/02/significant-slowdown-in-economy-amidst-weak-spending /saces/news/list/2023/12/18/record-decline-in-purchasing-power-for-sa-households South ×îÐÂÌÇÐÄVlogn households have experienced an unprecedented decline in their purchasing power over the past year. In our latest Economic Briefing Report, SACES estimates that households’ gross disposable incomes on a real per capita basis fell by around 7 per cent in 2022/23. Consequently, households are finding it increasingly difficult to sustain their spending levels. This situation will continue to suppress household spending in 2024, which will lead to a slowdown in South ×îÐÂÌÇÐÄVlog’s economic growth next year. December 19 2023 Anthony Kosturjak /saces/news/list/2023/12/18/record-decline-in-purchasing-power-for-sa-households /saces/news/list/2020/12/16/china-tariffs-will-hinder-sa-economic-recovery ×îÐÂÌÇÐÄVlog of Adelaide economists expect the South ×îÐÂÌÇÐÄVlogn economy will continue to bounce back in 2020/21. However, economic recovery will be weaker than previously thought as a consequence of China’s decision to escalate its trade war with ×îÐÂÌÇÐÄVlog, the outbreak of a second COVID-19 wave in the northern hemisphere, and South ×îÐÂÌÇÐÄVlog’s own mini lockdown in November. December 17 2020 Anthony Kosturjak /saces/news/list/2020/12/16/china-tariffs-will-hinder-sa-economic-recovery /saces/news/list/2020/08/14/sa-economy-will-take-years-to-recover-from-covid-19 It will take years for the national and South ×îÐÂÌÇÐÄVlogn economies to return to full output and employment following the COVID-19 pandemic. These conclusions are contained in the latest Economic Briefing Report prepared by ×îÐÂÌÇÐÄVlog of Adelaide economists from the SA Centre for Economic Studies (SACES). August 14 2020 Anthony Kosturjak /saces/news/list/2020/08/14/sa-economy-will-take-years-to-recover-from-covid-19 /saces/news/list/2019/12/16/slower-economic-growth-predicted-for-2019/20-and-further-interest-rate-cuts South ×îÐÂÌÇÐÄVlogn economic growth will be much slower in 2019/20 as a consequence of the slowdown in the national economy becoming entrenched and the global economy losing further momentum, according to the latest Economic Briefing Report from SACES. December 16 2019 Anthony Kosturjak /saces/news/list/2019/12/16/slower-economic-growth-predicted-for-2019/20-and-further-interest-rate-cuts /saces/news/list/2019/07/03/global-and-national-slow-down-affecting-sa-economy In their latest Economic Briefing Report ×îÐÂÌÇÐÄVlog of Adelaide economists from SACES are predicting that South ×îÐÂÌÇÐÄVlog’s economic performance will continue to be affected by slowdowns round the country and overseas, as well as weakening employment growth and household spending. July 03 2019 Reena H Narinder Singh /saces/news/list/2019/07/03/global-and-national-slow-down-affecting-sa-economy /saces/news/list/2019/01/31/economics-survey-points-to-bleaker-times-post-election The ×îÐÂÌÇÐÄVlogn economy will remain healthy for long enough to enable the government to claim it as a strength in the lead-up to the May election, but the first Conversation Economic Survey points to a fairly flat outlook beyond that, with a 25% chance of a recession in the next two years. January 31 2019 Reena H Narinder Singh /saces/news/list/2019/01/31/economics-survey-points-to-bleaker-times-post-election