Tag Archivesinflation

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Inflation declines but rand depreciation triggers rate hike warning

Statistics South Africa (StatsSA) reported on June 20ththat consumer price inflation declined from 4.5% year-on-year (y-o-y) in April to 4.4% y-o-y in May. “The latest reading is in line with economists’ expectations and is comfortably within the South African Reserve Bank (SARB) target range of 3%-6%,” say PwC economists. (The StatsSA inflation report can be […]

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April inflation surprises on the low side

By Jason Muscat, FNB Senior Economic Analyst. April headline inflation surprised on the low side, printing at 4.5% y/y, below our expectations of 4.8%. Core inflation, which strips out food and non-alcoholic beverages, fuel and energy accelerated to 4.5% y/y from 4.1% the previous month. While the impact of the hikes in the April fuel […]

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Maura Feddersen, Economist at PwC, Strategy&

 5 factors to drive this month’s interest rate decision   

By Maura Feddersen, Economist at PwC, Strategy&. The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) meets on 26 – 28 March 2018 to deliberate an interest rate stance that anchors inflation to the middle of the 3 – 6% target rate. To gauge the risks to the inflation outlook, the MPC […]

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Will the Reserve Bank cut rates this week?

By Maura Feddersen, Economist with PwC’s Strategy& The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is meeting on 17 and 18 January to deliberate interest rates. The central bank’s monetary policy stance aims to keep inflation in the target range of 3%-6% annually, thereby protecting the value of the currency and the purchasing […]

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Nigel Green

2018 offers investors optimism – but they need to proceed with caution

Faster global GDP growth, continuing loose global monetary policies, and U.S. tax cuts will help make 2018 a profitable year for investors. But there are also some important headwinds on the horizon, warns the CEO of one of the word’s largest independent financial advisory organisations. (more…)

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Consumer compares cost of living between South Africa, Spain and the UK

Inflation eases to 4.6%

By Jason Muscat, FNB Senior Economic Analyst. November consumer price inflation came in slightly below our expectations at 4.6% y/y and 0.1% m/m. While services inflation remains sticky at 5.5% y/y, goods inflation fell from 4.1% in October to 3.7% in November and core inflation softened further to 4.4%. As grain and cereal inflation continues […]

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inflationaheadfeat

September CPI temporarily breaches the 5% level

By Jason Muscat, FNB Senior Economic Analyst. September CPI printed in line with our expectations, at 5.1% y/y from 4.8% in August, and gained 0.5% m/m. The jump above 5% was largely anticipated by the market given the 67c increase in the fuel price last month. Petrol jumped 12.2% y/y from 5.7% the previous month, […]

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inflation

Inflation eases to 4.6%, raising hopes for a rate cut

By Mamello Matikinca, FNB Senior Economist. Headline inflation eased to 4.6% y/y in July, in line with our expectations, from 5.1% in June. The moderation in headline inflation was due to lower fuel, electricity and food prices. (more…)

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