Tag Archivesinflation

inflationaheadfeat

Fuel price pushes inflation to 5.1%

By Mamello Matikinca, FNB Chief Economist. Consumer price inflation rose 5.1% y/y in October from 4.9% in September; this was marginally lower than our expectation of a 5.2% y/y rise. The main driver behind the acceleration was the 99c/l rise in fuel prices, which translated into a 10.5% y/y rise in transport inflation – this […]

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What to expect from November’s interest rate decision

By Maura Feddersen, Economist at PwC Strategy&. The last Monetary Policy Committee (MPC) meeting of the South African Reserve Bank (SARB) in 2018 is well underway, with policymakers considering the possibility of a rate hike in November against the backdrop of rising inflation expectations. (more…)

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global-emerging-markets

Global growth is out of sync – what’s in store for SA

By Reza Hendrickse, Portfolio Manager at PPS Investments. Global economic expansion fell out of sync this year unlike the previous two years as global growth appeared to have plateaued. This is evident in Q3 where the performance has been less than spectacular. (more…)

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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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