Die ekonomie minuut

Statistieke Suid-Afrika het gister die resultate van die Kwartaalikse Opname van Indienname bekend gemaak. Dit is anders as die arbeidsmagopname en die fokus is op indiensname in die formele sektor. Hiervolgens het indiensname afgeneem van die eerste na die tweede kwartaal van die jaar. Daar is 22 000 nuwe werksgeleenthede geskep, maar 141 000 poste het verlore gegaan. Die opname gee ook inligting...

Inflasie in die VSA bly hoog en die Amerikaanse Federale Reserwebank het verlede week aangedui dat hulle verwag dat hulle rentekoers vir langer hoër sal moet bly. In Juniemaand het hulle nog gesê dat hulle beleidskoers tot 3,4% kan styg, maar nou word 4,4% in Desember verwag. Daar is die moontlikheid dat dit vroeg volgende jaar tot 4,6% kan styg. Hulle ekonomiese groei vooruitskatting is verminder...

Inflation in the US remains high and the US Federal Reserve indicated last week that they expect interest rates to remain higher for longer. In June they still said that their policy rate could rise to 3.4%, but now 4.4% is expected in December. There is the possibility that it could rise to 4.6% early next year. Their economic growth forecast was reduced to just 0.2% for 2022 and Jerome Powell sa...

Last week, the slight drop in the inflation rate and the Reserve Bank's 75 basis point repo rate increase were headline economic news as load shedding continued. In today's episode, I want to quickly reflect on the repo rate hike, and say something about the mini-budget in October. * The Economics Minute is supported by the NWU Business School.

Verlede week was die effense daling in die inflasiekoers en die Reserwebank se 75 basispunte repokoersverhoging ekonomiese hoofnuus terwyl beurtkrag voortgeduur het. In vandag se episode wil ek vinnig reflekteer oor die repo-koersverhoging, en iets sê oor die mini-begroting in Oktober. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Die Reserwebank het gistermiddag die repokoers met 75 basispunte verhoog tot 6,25%. Dit is algemeen verwag en volg die 75 basispunteverhoging van die Amerikaanse Federale Reserwebank Woensdag. Daar was ʼn paar interessante stukke nuus in die aankondiging. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Yesterday afternoon the Reserve Bank increased the repo rate by 75 basis points to 6.25%. This was widely expected and follows the US Federal Reserve's 75 basis point hike on Wednesday. There were some interesting pieces of news in the statement. * The Economics Minute is supported by the NWU Business School.

Statistieke Suid-Afrika het gister Augustusmaand se verbruikersprysinflasiekoers bekend gemaak en dit was  goeie nuus, want dit lyk nou of Juliemaand wel die piek was op 7,8%, en dat inflasie se momentum nou begin afneem. Die afname na 7,6% word grootliks toegeskryf aan die vermindering van die brandstofpys in Augustus. Luisteraars sal onthou dat die petrolprys het met R1,32 per liter gedaal....

Statistics South Africa yesterday announced August's consumer price inflation rate and it was good news because it now looks like inflation did peak in July and is now starting to slow. The decrease to 7.6% is largely attributed to the reduction of the fuel price in August. Listeners will remember that the price of petrol fell by R1.32 per litre. Unfortunately, the decrease in the inflation rate i...

Later vandag word Augustusmaand se verbruikersprysinflasiesyfer bekend gemaak en die verwagting is dat dit effens laer gaan wees as in Juliemaand se 7,8%. Die vraag is of dit die Reserwebank se repokoersbesluit veel gaan beinvloed. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Later today, the consumer price inflation figure for August will be announced and the expectation is that it will be slightly lower than July's 7.8%. The question is whether this will greatly influence the Reserve Bank's repo rate decision. * The Economics Minute is supported by the NWU Business School.

Stage-6 loadshedding is back and a lot is being written about the state of affairs. After the contraction of the economy in the second quarter, there are renewed concerns about the impact of load shedding. * The Economics Minute is supported by the NWU Business School.

Fase-6 beurtkrag terug en daar word baie geskryf oor die stand van sake. Na die inkrimping van die ekonomie in die tweede kwartaal is daar opnuut kommer oor die impak van beurtkrag. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Even as we struggle with load shedding, this week’s important economic news is inflation and interest rates, here and in the US. On Wednesday, Statistics South Africa will announce August's consumer price inflation figure, and on Tuesday and Wednesday, the US Federal Reserve Bank's open market committee will meet. Both are going to be important indicators for our own Monetary Policy Committee's re...

Selfs al sukkel ons met beurtkrag is inflasie en rentekoerse, hier en in die VSA hierdie week se belangrike ekonomiese nuus. Woensdag maak Statistieke Suid-Afrika Augustusmaand se verbruikersprys-inflasiesyfer bekend, en Dinsdag en Woensdag vergader die Amerikaanse Federale Reserwebank se opemarkkomitee. Albei gaan belangrike aanwysers wees van ons eie Monetêre Beleidskomittee se repokoersbesluit...

Speaking of policy reform, the one big issue on which a decision must be made soon is the R350 Covid SRD grant. The government has so far maintained that it is temporary, but it has been extended until April 2023. There are great expectations about some sort of announcement in next month's mini-budget. * The Economics Minute is supported by the NWU Business School.

So gepraat oor beleidshervorming is die een groot kwessie waaroor daar binnekort ʼn besluit geneem moet word die R350 Covid toelaag. Die regering het tot dus ver volgehou dat dit tydelik is, maar dit wel verleng tot April 2023. Daar is groot verwagtinge oor een of ander ʼn aankondiging in volgende maand se mini-begroting. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

There is so much news this week about the major economic issues in South Africa that it is difficult to take or leave, and so I decided to give a brief overview. If this short overview sounds interesting search for ERSA's The Covid Project, as well as the Presidency's presentation called Putting South Africa to work. * The Economics Minute is supported by the NWU Business School.

Daar is hierdie week soveel nuus oor die groot ekonomiese vraagstukke in Suid-Afrika dat dit moeilik is om te vat of te los, en toe het ek besluit om ‘n kort oorsig te gee. As hierdie kort oorsig interessant klink, doen 'n soektog vir ERSA The Covid Project, en ook die Presidensie se aanbied Putting South Africa to work. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Statistieke Suid-Afrika het gister mynbouproduksiedata vir Julie vrygestel en dit wys dat produksie met 8,4% gekrimp het, vergeleke met Julie 2021. Dit was die sesde maand in 'n ry dat uitset gedaal het. Die maand-tot-maand veranderinge skets 'n effens meer positiewe prentjie. In Mei het produksie met 1,8% gestyg, in Junie het dit met 0,9% gekrimp en in Julie met 2,3% gestyg. * Die Ekonomie Minuut...

Yesterday Statistics South Africa released mining production data for July and it shows that production contracted by 8.4%, compared to July 2021. This was the sixth month in a row that output fell. The month-on-month changes paint a slightly more positive picture. In May output increased by 1.8%, in June it contracted by 0.9% and in July increased by 2.3%. * The Economics Minute is supported by t...

We are all hoping that inflation starts to decline and the need for further sharp repo rate hikes diminishes, but what do those prospects look like? In yesterday's episode, I briefly explained that producers or sellers of products and services are still experiencing a lot of cost pressure and that part of it will be passed on to consumers. But this is only one side of the coin of a repo rate incre...

Ons almal hoop dat inflasie begin afneem en die noodsaak vir nog skerp repokoersstygings al hoe minder word, maar hoe lyk daardie vooruitsigte? In gister se episode het ek kortliks verduidelik dat produsente of verkopers van produkte en dienste nog heelwat kostedruk ervaar en dat deel daarvan aan verbruikers deurgegee gaan word. Maar dit is net een kant van die muntstuk van ʼn repokoers styging. Di...

Last week's economic indicators again showed that consumer confidence and business confidence are low. Here and there a measure moves in a direction that gives people hope, such as the fuel price reduction, but the economy did not suddenly just turn around after the contraction of the second quarter. One also reads that food commodity prices are falling, but when will food prices in the store beco...

Verlede week se ekonomiese aanwysers het weer gewys dat verbruikersvertoue en sakevertroue laag is. Hier en daar beweeg ʼn maatstaf in ʼn rigting wat mense laat moed skep, soos die vermindering van die brandstofprys, maar die ekonomie het nie skielik net omgedraai na die inkrimping van die tweede kwartaal nie. Mens lees ook dat voedselkommoditeitspryse daal, maar wanneer gaan voedselpryse in die win...