CLAIRE BISSEKER: Inflation surf is up, but don’t bet on a smooth wave to ride

2022/06/27 23:29:00

CLAIRE BISSEKER: Inflation surf is up, but don’t bet on a smooth wave to ride

CLAIRE BISSEKER: Inflation surf is up, but don’t bet on a smooth wave to ride

Political headwinds on top of rate hikes and rand weakness may churn up the social waters

27 June 2022 - 14:44There are two big worries for the SA economy: that inflation continues to overshoot, and that commodity prices tumble. As the global economy takes a turn for the worse both fears are being realised, with troubling implications for SA’s growth and fiscal outlook.

Last week SA’s May consumer price index (CPI) came in at 6.5%, against consensus expectations of 6.1% — a large overshoot. It wasn’t entirely unexpected though, given that inflation also overshot in the US and Europe in May...BPremiumThis article is reserved for our subscribers.

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CLAIRE BISSEKER: Inflation surf is up, but don’t bet on a smooth wave to ridePolitical headwinds on top of rate hikes and rand weakness may churn up the social waters

CLAIRE BISSEKER: Inflation surf is up, but don’t bet on a smooth wave to ridePolitical headwinds on top of rate hikes and rand weakness may churn up the social waters

DINNER PARTY INTEL: Handy investmentDon’t believe all the investment gossip in times of high inflation, warns Credit Suisse chief investment officer

Powell’s path to 2% inflation needs luck or, failing that, painFederal Reserve Chair JeromePowell sees two possible paths for the economy and monetary policy over the next year. Moneyweb Inflation Gas

South Africa’s factory gate inflation set for another riseSouth Africa’s factory gate inflation set for another rise - Producer price inflation reached 13.1% in April, marking the highest print since 2012 I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Zimbabwe plans triple-digit interest rate hikeZimbabwe’s central bank plans to more than double the benchmark interest rate — already the highest in the world — to 190%. Moneyweb Zimbabwe Inflation

Premium 27 June 2022 - 14:44 There are two big worries for the SA economy: that inflation continues to overshoot, and that commodity prices tumble.Premium 27 June 2022 - 14:44 There are two big worries for the SA economy: that inflation continues to overshoot, and that commodity prices tumble.Premium 27 June 2022 - 14:44 There are two big worries for the SA economy: that inflation continues to overshoot, and that commodity prices tumble.Nannette Hechler-Fayd’herbe.

As the global economy takes a turn for the worse both fears are being realised, with troubling implications for SA’s growth and fiscal outlook. Last week SA’s May consumer price index (CPI) came in at 6. Last week SA’s May consumer price index (CPI) came in at 6.5%, against consensus expectations of 6.5%, against consensus expectations of 6.1% — a large overshoot.1% — a large overshoot. It wasn’t entirely unexpected though, given that inflation also overshot in the US and Europe in May. Medicinal brew A daily bottle of lager   could help to keep men healthy by boosting the range of bacteria that live in their guts, scientists at the University of Lisbon have claimed.

.... B Premium This article is reserved for our subscribers. B Premium This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. Already subscribed? Simply sign in below. Already subscribed? Simply sign in below. In 392 incidents from July 1 2021 to May 15 six people died and five were seriously injured.

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