Ridle Markus
latest news & developments‘Shocker’ CPIX quickens to 8,8%
South Africa’s targeted CPIX inflation rate quickened to 8,8% year-on-year in January from 8,6% in December, above forecasts, data showed on Wednesday. The all-items consumer…
December PPI quickens at 10,3%
South Africa’s producer price inflation quickened to 10,3% year-on-year in December, above forecasts, after a 9,1% increase in November, official data showed on Thursday. On a…
November PPI slows to 9,1%
South Africa’s producer price inflation (PPI) slowed to 9,1% year-on-year in November, below forecasts, from a 9,5% rise in October. On a monthly basis, PPI rose by 0,3% after a…
Interest rate climbs again
South African Reserve Bank Governor Tito Mboweni on Thursday raised the repo rate by 50 basis points following a two-day meeting of the bank’s monetary policy committee. The…
CPIX figure a ‘shocker’
South Africa’s targeted CPIX inflation rate quickened to 7,3% in the year to October from 6,7% in September, data showed on Wednesday, above forecasts. Statistics South Africa…
PPI figure ‘in line with market expectations’
South Africa’s producer price index (PPI) rose by 9,4% year-on-year (y/y) in September, unchanged from August, Statistics South Africa data on Thursday showed. The PPI declined…
GDP growth slows in second quarter
South Africa’s real gross domestic product (GDP) at market prices on a quarter-on-quarter seasonally adjusted annualised (saa) basis rose by 4,5% in the second quarter of 2007…