Tag Archives: food prices

Why South Africa Should Expect an Interest Rate Hike

South African consumers have not only been hard hit by increasing food prices, unemployment, increasing cost of electricity and other living expenses. They should now be prepared for interest rates hikes. This was evident in two sets of data released by Statistics South Africa yesterday

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The MPC to keeps Repo Rate Unchanged at 5.75 percent

By Vivian Atud We should expect the South African Reserve Bank to keep the repo rate unchanged – at 5.75% due to the lower trajectory of headline inflation and continued weak state of the economy. This was also the case at the previous MPC meeting. Let me start by introducing my readers to the objectives of monetary policy in South […]

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Why the CPI for December 2014 Will Fall by More than 0.1% when Stats SA Publish Figures Today

By Vivian Atud Johannesburg– Sunburst Africa–What: The Consumer Price Index (CPI) tracks the rate of change in the prices of goods and services purchased by consumers. Statistics South Africa (Stats SA) will today release data on the headline CPI for December 2014. We should expect a more than 0.1 percent fall in this figure. The headline CPI (for all urban areas) […]

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Food and Beverages Data Will boost the JSE Today

By Vivian Atud Johannesburg- Sunburst Africa–The food and beverages sector represent a key part of the South African economy. This is because it is a sector involved in basic needs of SA consumers-food and drinks. Consumption of food and drinks increases with consumer income. Consumers generally spend more during festive holidays on food and beverages as SA consumers have more disposable income […]

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The MPC keeps Repo Rate Unchanged- What does this mean for ordinary consumers?

Following the announcement that the South African Reserve Bank has unanimously decided to keep the repo rate on hold – at 5.75% due to the lower trajectory of headline inflation and continued weak state of the economy, many south African are grappling with what this means for them and their consumption. Let me start by introducing my readers to the […]

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