Die ekonomie minuut

Ek gesels gereeld oor wat in die VSA gebeur en hoe dit die Suid-Afrika se ekonomie beïnvloed, maar in die res van die wêreldekonomie gaan dit nie goed nie. Ekonome is bekommerd oor die vooruitsigte vir ekonomiese groei en oor hoëinflasiekoerse. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Vrydag se episode het afgesluit met die eerste aanwysers van hoe die ekonomie in Augustusmaand gevaar het, en dit was heel positief, maar dit was nie die einde van die storie nie. Vrydagmiddag is Amerikaanse “non-farm payroll” data bekend gemaak en dit het gevolge gehad. Die verwagting was dat hulle 300 000 nuwe werksgeleenthede geskep het in Augustus, en dit was toe 315 000. Dit beteken dat die A...

Friday's episode ended with the first indicators of how the economy fared in August, and it was quite positive, but that wasn't the end of the story. On Friday afternoon, US non-farm payroll data was released and it had consequences. The expectation was that they created 300,000 new jobs in August, and it turned out to be 315,000. This means that the American economy is still running hot and that...

Dir Minuut sluit hierdie week af met nuus oor die eerste ekonomiese aanwysers wat wys hoe dit in Augustus gegaan het. ABSA se PMI en nuwe voertuigverkope het gestyg. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

The Minute closes this week with news about the first economic indicators that show how things went in August. ABSA's PMI and new vehicle sales improved. * The Economics Minute is supported by the NWU Business School.

In South Africa the generals are often still fighting the previous war. A recent example is the battle over the descriptions that vegetarian meat substitute products may use on their packaging. Abroad, they have already gone a step further and that is to indicate the environmental impact of products. A new index helps as an eco-label. * The Economics Minute is supported by the NWU Business School.

In Suid-Afrika veg die generaals nog baie keer die vorige oorlog. 'n Onlangse voorbeeld is die stryd oor die beskrywings wat vegetariese vleis-substituutprodukte op hulle verpakking mag gebruik. In die buiteland is hulle al 'n stap verder en dit is om die omgewingsimpak van produkte aan te dui. 'n Nuwe indeks help as 'n ek-etiket. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Last week, the OECD published the report of their 2022 economic survey of South Africa and stated that far-reaching reforms are urgently needed. This is something almost everyone agrees on, but not everyone always agrees on the opportunity cost. * The Economics Minute is supported by the NWU Business School.

Verlede week het die OECD die verslag van hulle 2022 ekonomiese opname van Suid-Afrika bekend gemaak en gestel dat ingrypende hervormings dringend nodig is. Dit is iets waaroor amper almal saamstem, maar almal stem nie altyd saam oor die geleentheidskoste nie. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

If you're interested in this week's economic indicators, today's episode provides a brief summary, but it's even better to read the Bureau of Economic Research's weekly newsletter. Economists are watching international indicators to see if inflationary pressures in the US are starting to ease. It is not only inflation data that is important, but also indicators of economic activity and job creatio...

As jy belangstel in hierdie week se ekonomiese aanwysers gee vandag se episode ʼn kort opsomming, maar dit is nog beter om die Buro vir Ekonomiese Ondersoek se weeklikse nuusbrief te lees. Ekonome hou internasionale aanwysers dop om te sien of inflasiedruk in die VSA begin verlangsaam. Dit is nie net inflasiedata wat belangrik is nie, maar ook aanwysers van ekonomiese aktiwiteit en werkskepping. In...

What happens in the US has an influence on exchange rates and financial markets all over the world. We know that the US inflation rate is high and to fight it the Federal Reserve Bank first ended their policy of quantitative easing and then started to raise interest rates. The hope is for a soft landing, which means that they bring inflation under control without dampening economic activity or job...

Wat in die VSA gebeur het ‘n invloed op wisselkoerse en finansiële markte reg oor die wêreld. Ons weet dat die Amerikaners se inflasiekoers hoog is en om dit te beveg het die Federale Reserwebank eers hulle beleid van kwantitatiewe verruiming beëindig en toe begin om rentekoerse te verhoog. Die hoop is vir ʼn sagtelanding, wat beteken dat hulle inflasie onderbeheer bring sonder om ekonomiese aktiwi...

Statistics South Africa released July's CPI and PPI figures this week and the inflation rates were even higher than everyone expected. In July, consumer price inflation rose by 7.8% on a year-on-year basis and producer price inflation by 18%. In both cases, the major drivers were increases in the prices of food and energy. Whether July will be the turning point is difficult to say. * The Economics...

Statistieke Suid-Afrika het hierdie week Juliemaand se VPI en PPI syfers bekend gemaak en en die inflasiekoerse was selfs hoër as wat almal verwag het. Verbruikersprysinflasie het in Juliemaand met 7,8% gestyg op ʼn jaar-op-jaar grondslag en produsenteprysinflasie met 18%. In albei gevalle was die groot drywers stygings in die pryse van voedsel en energie. Of Juliemaand die draaipunt gaan wees is m...

Yesterday Saftu and Cosatu had their #NationalShutdown campaign and most analysts described it as nonsensical. The issues such as load shedding and rising living costs are real, but is it necessary to create awareness about them? Nor are these problems solved by protests. But I think there is a bigger socio-economic and political picture to be seen. South African trade unions are in a struggle for...

Gister het Saftu en Cosatu hulle #NationalShutdown veldtog gehad en meeste ontleders het dit as onsinnig beskryf. Die vraagstukke soos beurtkrag en stygende lewenskoste is werklik, maar is dit nodig om bewustheid daarvan te skep? Dit is ook nie probleme wat deur betogings opgelos word nie. Maar ek dink daar is tog ʼn grotere sosio-ekonomiese en politieke prentjie om te sien. Suid-Afrikaanse vakbond...

The second quarter's labour force survey surprised friends and foes with a small decrease in the unemployment rate from 34.5% in the first quarter to 33.9%. The broad unemployment rate, which includes discouraged workers, has also declined. It appears that there was an increase of 648,000 jobs from the first to the second quarter. * The Economics Minute is supported by the NWU Business School.

Die tweede kwartaal se arbeidsmagopname het vriend en vyand verras met ‘n klein afname in die werkloosheidskoers vanaf 34,5% in die eerste kwartaal na 33,9%. Ook die uitgebreide werkloosheidskoers wat onmoedigde werkers insluit, het afgeneem. Dit blyk dat daar ʼn toename was van 648 000 werke van die eerste na die tweede kwartaal. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Ek het gister begin deur te praat van ligpunte in die ekonomie, maar hulle skyn nie in hierdie week se  aanwysers nie. Statistieke Suid-Afrika maak Dinsdag die tweede kwartaal se werkloosheidskoers bekend, Woensdag verbruikersprysinflasie vir Juliemaand en Donderdag Produsenteprysinflasie ook vir Juliemaand. Die Reserwebank se leidende aanwyser van die sakesiklus word ook Dinsdag bekend gemaa...

I started yesterday by talking about rays of light in the economic darkness, but they will not be shining in this week's indicators. Statistics South Africa will announce the second quarter unemployment rate on Tuesday, consumer price inflation for July on Wednesday and producer price inflation also for July on Thursday. The Reserve Bank's leading indicator of the business cycle is also released o...

Here and there are rays of light in the darkness that show that pressure on prices is starting to decrease – though analysts are expecting July’s inflation number that will be announced this week, to be even higher. Yet, by almost September, consumers are under pressure, production is decreasing, commodity prices have started to fall, and we are even paying a little less for petrol. People are hol...

Hier en daar is ligpunte in die donker wat wys dat druk op pryse begin afneem, hoe wel ontleders verwag dat Julie-maand se inflasiesyfers wat hierdie week bekend gemaak word, hoogtepunte gaan wees. Teen amper September is verbruikers onder druk, produksie neem af, kommoditeitspryse het begin daal, en ons betaal selfs ʼn bietjie goedkoper vir petrol. Mense hou asem op dat ons dalk ʼn sagtelanding maa...

Hierdie week se belangrike ekonomiese datapunt was Juniemaand se kleinhandelverkopesyfers. Dit het op ʼn jaar-tot-jaar basis met 2,5% ingekrimp en verbruikers voel die impak van ʼn hoë inflasiekoers en stygende rentekoerse. Business Day het die syfers nageslaan dit wys dat van Januarie tot einde Junie het die petrolprys met R6,45 per liter gestyg, voedselprysinflasie was 9% en die prima-uitleenkoers...

This week's key economic data point was June's retail sales figures. Retail sales contracted by 2.5% on a year-on-year basis and consumers are feeling the impact of a high inflation rate and rising interest rates. Business Day checked the figures and it shows that from January to the end of June the petrol price rose by R6.45 per litre, food price inflation was 9% and the prime lending rate increa...