South Africa Faces Stagflation Risks as Growth Slows in 2026
south-africa-stagflation-economic-outlook-2026.jpg South Africa Faces Stagflation Risks as Economists Warn of Slower Growth in 2026 JOHANNESBURG, South Africa — 12 October 2026 South Africa is facing growing concerns over stagflation as economists warn that sluggish economic growth, persistent inflationary pressure and limited job creation could place further strain on households and businesses during the final months of 2026. A survey involving 43 economists from the public and private sectors suggests that the country may avoid additional interest rate increases this year, even as economic conditions remain challenging. The findings, reported by Moneyweb on October 11, are drawn from the September forecasts submitted by participants in the Bureau of Market Research (BMR) and Unisa Economist of the Year Competition. Their latest assessment reflects a difficult balance between controlling inflation and supporting an economy already struggling to generate stronger employment and c...