Shoppers in New York, the US, March 25 2021. Picture: JEENAH MOON/REUTERS
Personal consumption, the biggest part of the economy, advanced an annualised 11.8%, exceeding forecasts. Inventories took a 1.1 percentage points bite out of second-quarter GDP, while residential investment reduced growth by about 0.5 percentage point. Businesses have struggled to keep pace with the outpouring of pent-up demand, pushing prices skyward and eroding recent wage gains. The personal consumption expenditures price index excluding food and energy costs, followed closely by Federal Reserve officials, climbed an annualised 6.1% in the second quarter, the biggest gain since 1983.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P warns recent civil unrest could dent GDP reboundS&P said the civil unrest was a clear example of wide income inequality, increasing poverty levels and poor access to health services. busrep unrestSA GDP busrep True that. busrep Did they say anything when Trump didn't want to concede? busrep Nonsense, looters were coming in their cars. What does income inequality has to do with looting. S&P must analyse the issue realistically.
Source: IOL - 🏆 46. / 51 Read more »
Analysis | The tyrants among us may be the worst enemies of our time | CitypressAnalysis: Planning to overthrow a government carries up to 30 years in jail. Notably, before democracy the allegations of treason were a convenient tool in the hands of the oppressive apartheid regime to suppress dissent. I never believe in making money online before but since I started seeing different people testifying about Lisagregory1421 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Lisagregory1421 I saw several people testifying of making so much money with the help of shantelll_142 on Bitcoin option trade and I decided to give a try and now I'm glad now she helped me and my colleagues to make R40,000 in one week, thank you for transparency and trust. Getting one online investment platform and a legit trader in South Africa is almost impossible 🙅 . But Lisagregory1421 is a legit trader that trades with your money and takes his own percentage while you get your profits 100%. She is a trader with difference 👌
Source: City_Press - 🏆 7. / 72 Read more »
EXCLUSIVE: US donation of almost 5.7-million Pfizer shots en route to SAThe donation will provide a significant boost to SA’s immunisation programme — as of Tuesday evening, only 2.58-million people had been fully immunised
Source: BDliveSA - 🏆 12. / 63 Read more »
Covid-19 Update: 17,351 new cases recorded as US donates vaccines to SAIn a statement on Wednesday, the local US mission said the donation was part of the country's 'global efforts to fight the Covid-19 pandemic.' I'm happy to join those who are sharing the good news about shantelll_142 . I'm not persuading anyone to trade with her but i advise every investor to make the right choice with shantelll_142 i got my withdrawal safely without any interruption.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
EXCLUSIVE: US donation of almost 5.7-million Pfizer shots en route to SAThe donation will provide a significant boost to SA’s immunisation programme — as of Tuesday evening, only 2.58-million people had been fully immunised Ramaphosa will swallow them Check the expiration date 🤪 MandyWiener Good news
Source: BDliveSA - 🏆 12. / 63 Read more »
Former US President Obama joins NBA Africa as partnerFormer US President Barack Obama will support programs and partnerships that provide greater gender equality and economic inclusion. I entrusted Judith_william9 with my money since I took rush of investing my money with her platform, and since then I've recovered all I lost to scams. Get in touch with Judith_william9 and get a good mentorship and safe trading. Can someone please buy me electricity. I'm a student in CUT doing doing my last year of public Management. I'm unfunded by NSFAS because the institution didn't send my template. I survive merely by asking and my sister helps where she can. LondiNkosi_ Some former Presidents are enjoying their pensions whilst Jacob Zuma joined Escourt Prison as a Inmates partner
Source: eNCA - 🏆 49. / 51 Read more »