May petrol price increase will hit consumers in many ways
The oil price is again the main culprit behind the higher petrol price, while the Rand also depreciated against the US dollar.
Source: citizen.co.za
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Inflation down but not expected to change repo rate
Statistics South Africa announced this morning that the average inflation rate for 2023 was 6,0%, much lower than 2022’s 6,9%.
Source: citizen.co.za
Fiscal, trade, industry policy framework and structural issues are key elements resulting in currency devaluation in Malawi—DCG Chief Economist Chifipa Mhango
Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News
South Africa Christina Zakeyu Chifipa Chifi Mhango Chifipa Mhango Don Consultancy Group Ministry Of Trade Industry
Source: nyasatimes.com
Jobless rate dips, but deep challenges remain
Stats SA released its quarterly labour force survey (QLFS) on Tuesday, which revealed that the number of those unemployed in the country dropped by 60 000 to 7.9 million in the first quarter of the year.
Source: news24.com
5.9% inflation rate marks 11th month above Sarb's midpoint
‘Inflation rate will remain elevated domestically and globally’ says chief economist.
United States Chifi Mhango Africa Stats Don Consulting Group African Reserve Bank Sarb Statistics South Africa
Source: moneyweb.co.za
Economy needs IT skills but the young and unskilled are out of luck in jobs market
IT, logistics, and finance skills are in demand but this is cold comfort for the millions of young people who remain unemployed
Source: timeslive.co.za
SA's economic outlook stable but future unpredictable
Some economists contend that the main risk to growth currently was the Ukraine and Russia conflict, as it had the potential to impact global growth as well as the inflation outlook, given the increases in energy and commodity prices among others.
Source: ewn.co.za
Goods prices remained elevated at a 5-year high in September
Consumers will continue forking out a bit more for goods as prices remained elevated at a 5-year high in September.
Source: enca.com
Goods prices remained elevated at a 5-year high in September
Data by Statistics South Africa (StatsSA) on Thursday showed that annual headline producer price inflation (PPI) for final manufactured goods jumped to 7.8 percent in September, from 7.2 percent in August.
Source: iol.co.za