Tag Archives: inflation

The Worst is Yet to Come for South African Consumers

By Vivian Atud The year 2015 started on a very high note for consumers in South Africa: oil prices were at record lows resulting in low petrol prices at the pumps, January also saw a decrease in consumer price inflation. The Reserve bank Monetary Policy Committee at the January MPC meeting kept interest rates unchanged, given a better inflation outlook […]

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South Africa among the Top Five Most Painful Economies to Live and Work in 2015

By Editor Sunburst Africa It is time for South Africa’s leaders to take decisive steps to promote growth and development in the economy. South Africa’s leaders have spent a lot of time planning and if the is one thing the country has an over-supply of – it is policies and plans. From the Reconstruction and Development Plan (RDP) in 1994, […]

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Global Market and Economic Updates

Economy European shares are again on the decline after talks between Greece and euro zone finance ministers collapsed. Jeroen Dijsselbloem, who chaired the meeting yesterday, told Greece it had until Friday to request a six-month extension of its international bailout or the program would expire at the end of the month. “We want an honorable settlement,” announced Greek Finance Minister […]

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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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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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