Tag Archivesinflation

Shreekanth-Sing

Is your medical aid plan still right for you

AUTHOR: Shreekanth Sing, technical legal adviser at PSG Wealth It’s that time of year again, when medical aid schemes announce their benefit changes and costs for the year ahead. Given that medical aid costs are escalating faster than inflation, it can be tempting to look for ways to save. But it’s important to properly consider […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

‘Despite our troubles, South Africa is a country in which a lot has gone right’

‘Life in South Africa: Reasons for Hope’*, the latest report from the Institute of Race Relations (IRR), seeks to remind South Africans of the significant progress the country has made under democracy, and the scope for resuming an upward trajectory towards growth and optimism. The report highlights progress in areas ranging from the economy to […]

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Wheat field

Inflation outcomes relatively steady for food

By Paul Makube, Senior Agricultural economist at FNB Agri-Business. South African consumer inflation came in on the upside at 5.1% for July 2018 but still within the SARB’s target range of 3-6%. The food component however was still on the low side at 3.4% driven by the disinflation in bread and cereals and fruits which […]

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Wheat field

Fourth consecutive fuel hike will hit the consumer

By Paul Makube, Senior Agricultural Economist at FNB AgriBusiness. (more…)

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right graph

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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inflationmar2011feat

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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interestratesignfeat

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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