JOHANNESBURG, July 27 (Reuters) - The recent unrest in South Africa likely shaved about 0.7% off headline GDP growth in 2021 but strong commodity prices will continue to support the economy, S&P Global ratings said. “It is estimated that the unrest will likely shave about 0.7% off headline GDP growth in 2021, hit private consumption, and slow the pace of economic recovery,” S&P said in a report dated July 26. “If the unrest were to recur and last for a long time, this would further pressure the economy and potentially stifle the rebound.” (Reporting by Olivia Kumwenda-Mtambo; Editing by Alison Williams) Our Standards: The Thomson Reuters Trust Principles.