September 2009 - Article - Business cycles in South Africa during the period 1999 to 2007.pdf
Last Modified Date:
2020-10-01, 09:31 PM
Quarterly Bulletins > Articles and Notes
The South African Reserve Bank (the Bank) has identified reference turning points in the cyclical movement of the economy since 1946. These upper (peaks) and lower (troughs) turning points in the business cycle were discussed in various articles and notes published in earlier issues of the Bank’s Quarterly Bulletin. The most recently identified trough in the business cycle occurred in August 1999.