Die ekonomie minuut

Hierdie week is ʼn aantal aanwysers bekend gemaak wat sê hoe dit met die ekonomie gaan. Hier is ʼn kort opssoming van die indiensnamesyfers, produsentepryse, kredietverlening, en nuwe voertuigverkope. Oor fase-6 beurtkrag praat ons nie eers nie! * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

This week, a number of indicators were released that say how the economy is doing. Here is a brief summary of the employment figures, producer prices, private sector credit extension, and new vehicle sales. We are not even talking about stage-6 load shedding! * The Economics Minute is supported by the NWU Business School.

Ek gesels die week oor hoe dit gaan met die ekonomie. Dit is nie ʼn eenvoudige storie van net goed of sleg nie – daar is ligpunte en bekommernisse. Aan die een kant lyk dit of daar tog ʼn bietjie verbruiks-besteding en ekonomiese groei momentum was in die eerste deel van die jaar. Maar aan die anderkant is daar tekens van ʼn afswaai ten midde stygende inflasie. Die skerp daling in FNB en die Buro vir...

This week I'm chatting about how the economy is doing. It's not a simple story of just good or bad - there are bright spots and worries. On the one hand, there seems to have been some momentum in consumption spending and economic growth in the first part of the year. But on the other hand, there are signs of a downturn amid rising inflation. The sharp decline in FNB and the Bureau of Economic Rese...

Statistics South Africa yesterday announced the results of the Quarterly Employment Survey. This is different from the labour force survey because it focuses on employment in the formal sector. The figures show that 200,000 more people were employed than in the first quarter of 2021. Compared to the fourth quarter of last year, 42,000 more people were employed. This is positive, not a lot of job c...

Statistieke Suid-Afrika het gister die resultate van die kwartaalikse opname van indiensname (QES) bekend gemaak. Dit is anders as die arbeidsmagopname omdat dit op indiensname in die formele sektor fokus. Die syfers wys dat daar 200 000 meer mense indiensgeneem was as in die eerste kwartaal van 2021. In vergelyking met die vierde kwartaal van verlede jaar is daar 42 000 meer mense indiengeneem. D...

Ek sê gereeld dat stygende voedsel- en brandstofpryse en stygende rentekoerse baie huishoudings se begroting onder druk het, maar ekonome het ongelukkig nie intydse data oor hoe dit met verbruikers gaan nie. Die maatstawwe is met ʼn sloering beskikbaar en met die data wat tans beskikbaar is, lyk dit of mense darem nog kop bo water hou. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

I often say that rising food and fuel prices and rising interest rates have put many household budgets under pressure, but unfortunately economists do not have real-time data on how consumers are doing. The indicators are available with a lag and with the data currently available, it seems that people are still keeping their heads above water. * The Economics Minute is supported by the NWU Busines...

This week, important economic indicators for May and June will be announced. These include employment figures, producer price inflation, consumer confidence, credit extension, the trade balance and vehicle sales. One can think about what we want to see, and what economists expect to happen. * The Economics Minute is supported by the NWU Business School.

Hierdie week word belangrike ekonomiese aanwysers vir Meimaand en Junie-maand bekend gemaak. Dit sluit in: Indiensname syfers, produksieprysinflasie, verbruikersvertroue, kredietverlening, die handelsbalans en motorverkope. Mens kan dink oor wat ons graag wil sien, en dit wat ekonome verwag om te gebeur. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

The word inflation is now used as widely in the media as Covid, or Ukraine. In the UK, more people do Google searches on inflation than on Taylor Swift. This week, South Africa's inflation rate surprised us all at 6.5%. Economists at Oxford Economics, FNB and Nedbank now expect the inflation rate to go above 7% in June. Others predict that the repo rate could rise to 7.5% within a year. I have exp...

Die woord inflasie word nou so algemeen in die media gebruik soos Covid, of Oekraine. In die Verenigde Koninkryk doen meer mense Google soektogte oor inflasie as oor Taylor Swift. Hierdie week het Suid-Afrika se inflasiesyfer ons almal verbaas op 6,5%. Ekonome by Oxford Economics, FNB en Nedbank verwag dat die inflasiekoers bo 7% kan draai in Juniemaand. Ander voorspel dat die repokoers op 7,5% ka...

Ons almal het geweet dat pryse gestyg het in Meimaand. Die brandstofprys het gestyg en voedselpryse was hoër en jy het dit eintlik al aan jou sak gevoel. Gister se Verbruikersprys-inflasiesyfer wys dat die koste van die gemiddelde verbruiker se mandjie goedere en dienste oor die afgelope jaar met 6,5% gestyg het. Die maandelikse styging van April tot Meimaand was 0,7%. Vir ekonome is die vraag wat...

We all knew that prices rose in May. The price of fuel went up and food prices were higher and you have actually been feeling it in your pocket. Yesterday's Consumer Price Inflation figure shows that the cost of the average consumer's basket of goods and services has risen by 6.5% over the past year. The monthly increase from April to May was 0.7%. For economists, the question is what the rising i...

Hierdie week se belangrike ekonomiese nuus is Mei-maand se verbruikersprysinflasiesyfer wat Woensdag bekend gemaak word. Inflasie het in Maart en April op 5,9% gestaan en ontleders verwag dat in Mei die 6%-merk gebreek het. Die syfer self is dalk nie so belangrik nie, want jy voel dit reeds aan jou sak, maar dit het belangrike implikasies vir hoe groot volgende maand se repokoers-verhoging gaan we...

This week's key economic news is May's consumer price inflation number released on Wednesday. Inflation stood at 5.9% in March and April and analysts expect that it will break the 6% mark in May. The figure itself may not be that important because you already feel it in your pocket, but it has important implications for how big next month's repo rate hike is going to be. So what can you and I do?...

I often talk about how events in the US affect the South African economy, but we must not underestimate the importance of China, and there are now things happening that will have an impact all the way to South Africa. * The Economics Minute is supported by the NWU Business School.

Ek praat gereeld oor hoe gebeure in die VSA die Suid-Afrikaanse ekonomie raak, maar ons moet nie die belangrikheid van Sjina onderskat nie, en daar is nou dinge wat tot in Suid-Afrika ʼn invloed gaan hê. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Over the last few days the economic news has been dominated by the story of inflation in the US and the 75 basis point increase in their interest rate. Interestingly, their so-called “benchmark” rate stands at 1.5-1.75%, much lower than our 4.75% repo rate. In the weekend's newspapers, economists explained how the increase could affect South Africa. Most believe that the Reserve Bank has room for...

Die laaste paar dae se ekonomiese nuus is oorheers deur die storie van inflasie in die VSA en die 75 basispunte verhoging van hulle rentekoers. Dit is dalk net interessant om te noem dat die sogenaamde “benchmark” koers staan op 1,5-1,75%, heelwat laer as ons 4,75% repokoers. In die naweek se koerante het ekonome verduidelik hoe dit Suid-Afrika kan raak. Meeste is van mening dat die Reserwebank sp...

This week's important economic indicator was not a local data point, but the US Federal Reserve's 75 basis point interest rate hike. Listen here to why it matters for us in South Africa. * The Economics Minute is supported by the NWU Business School.

Die afgelope week se belangrikste ekonomiese aanwyser was nie ʼn plaaslike datapunt nie, maar die Amerikaanse Federale Reserwebank se 75 basispunte rentekoersverhoging. Luister oor hoekom dit ons hier in Suid-Afrika raak. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Ons vier vandag Jeugdag, maar volgens verskeie maatstawwe gaan dit nie goed met Suid-Afrika se jongmense nie, maar ek glo daar is groot geleenthede in aanlynleer. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

We celebrate Youth Day today, but by various measures, South Africa's young people are not doing well., but I believe there lie considerable opportunities in online education. * The Economics Minute is supported by the NWU Business School.

The vacation-Minute is a rebroadcast of an episode from earlier this year. In the run-up to the COP26 climate change summit, it was clear that coal-fired energy generation is out of fashion. But new research shows that cattle emit far more greenhouse gases than previously thought and the most effective way to reduce your carbon footprint is to eat pork instead. * The Economics Minute is supported...