Contents

Acknowledgements 02

Foreword 03

Introduction 07

Key findings for the fourth quarter, 2025 08

Success stories 09

Cape Town overview 2025: Q4 13

Labour overview 2025: Q4 15

01. Economic growth 17

South Africa’s quarter-on-quarter economic performance 19

Global economic performance and growth forecasts 20

Western Cape and Cape Town economic performance 21

02. Inflation 25

Inflation overview 27

Geographical inflation 28

Western Cape food inflation 30

03. Labour market 31

Cape Town’s labour market performance 33

Employment comparison of metros 34

Unemployment in Cape Town 35

Sector employment trends for Cape Town 36

04. Infrastructure and trade 37

Container traffic 39

Cape Town trade 41

Commercial and industrial electricity usage 43

Airport statistics 44

05. Tourism 45S / cont

06. Additional indicators 49

Building developments 51

New vehicle sales 52

Abbreviations 53

Reference list 53ents