- Consumer price inflation edged slightly lower in August, according to the latest figures from Stats SA, ahead of Thursday's interest rate announcementThe news broke on Wednesday evening that the US Federal Reserve has raised interest rates by 75 basis points.It's against this background that Bruce Whitfield discusses the rate hike announcement we will hear from the South African Reserve Bank on Thursday.
Mhlanga explains the effect of escalating US inflation rate on especially emerging economies like South Africa.
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Yhooo... 75bps very very high & would definitely empty someone's pocket. At least 50bps is better
AbsaSouthAfrica FNBSA StandardBankZA SA_ReserveBank when people stop repaying loans and credit cards.... It will be a direct result of higher interest rates to maintain profits
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South Africa's bars and restaurants are filling up, reports Stats SA | BusinessinsiderSouth Africa’s bars and restaurants are filling up. But that is not the whole story. I know I'm not suppose to post this here, but I just want to help 50 persons on how to invest and make up to R80,000 within a week without sending money to anybody. If you're interested DM me on Whatsapp.. +27724670422
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Ghana economy up 4.8% in second quarter - stats officeGhana's economy expanded 4.8% year-on-year in the second quarter of 2022, driven by growth in the fishing, manufacturing and education services sectors, data from the country's statistics service said on Tuesday.
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August CPI edges lower from July's record-high of 7.8%Stats SA said that the latest figure comes on the back of better fuel prices. Few months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn $50,000 now am financially stable. I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo. Happiness comes when your desires are attained. Still doubting? Give it a try and have the satisfaction you needed. I have tried and I can confidently say she's one of the best EliDonovan01
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South Africa’s inflation dips in August after drop in fuel price | The CitizenSA’s inflation dipped to 7.6% in August 📉thanks to drops in fuel prices, but food continues to burn a hole in our pockets.💸 Here's what's happening: SAEconomy PetrolPrice inflation
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Consumer inflation lowest since January - Stats SAAnnual consumer inflation's gone down a little. The Consumer Price Index dipped to 7,6% in August from 7,8% in July.
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SA inflation dips to 7.6% in AugustSouth Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting inflation may have peaked in annual terms at 7.8% the previous month. Moneyweb But goods are still so expensive! What is driving the prices of detergents Unilever CompComSA. Everything from dishwashing liquid and hands wash powder or auto detergent has gone up! I have always hated Bitcoin and thought it was a scam until a friend referred me to Allison_Grillo, I made my first withdrawal of R100,000 in 2 weeks thanks to Allison_Grillo. This is such a big lie, why are we using the CPI? It is a gov mouth tool used to gas light citizens. The correct inflation indicator is the M2 money supply. Money printing is an underhanded double form of tax as the nominal tax brackets do not move whilst the supply increases
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