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South Africa Unemployed Persons climbed to 8.14 in January 2026, released May 2026, up 0.3 from December's 7.84 reading. The reading matched the 8.2 consensus. Year-over-year, the indicator is down 0.09. Unemployed Persons is now the highest in 6 months.
across last 12 releases
Feb 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/ZAR | ▼ Inverse | −0.50 | FOREX | Bullish ZAR | → View |
| EUR/ZAR | ▼ Inverse | −0.40 | FOREX | Bullish ZAR | → View |
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The May 2026 reading rose from the previous value of 7.84. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.09. Historically, this indicator is negatively correlated with USD/ZAR (Bullish ZAR) and negatively correlated with EUR/ZAR (Bullish ZAR).
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
| Wednesday, May 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | Core Inflation Rate MoM | 0.8 | 1.3 | 1.35 | Low | ||
| 08:00 | Inflation Rate MoM | 0.6 | 1.4 | 1.45 | Medium | ||
| 08:00 | Core Inflation Rate YoY | 3.2 | 4.2 | 4.20 | Low | ||
| 08:00 | Inflation Rate YoY | 3.1 | 4.3 | 4.20 | Medium | ||