Results 1 to 9 of 9

Thread: Inflation slowing

  1. #1
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12

    Inflation slowing

    Some good news on the inflation front - Inflation slows more than expected.

    I wonder how our GDP is doing, though.

  2. #2
    Silver Member
    Join Date
    Jan 2012
    Location
    Johannesburg
    Posts
    305
    Thanks
    112
    Thanked 53 Times in 40 Posts
    I disagree with some of the comments in that publication. Inflation has been high Not because of demand but because of increases in essential products and services like petrol, electricity, food. Also I don't see sarb cutting interest rates because inflation has to go be very low which is not the case and if they cut rates demand will increase and inflation will go over 6% again and that is not the aim of the sarb. This is purely my opinion and only time will tell thou
    ---There is no traffic at the extra mile---

  3. #3
    Diamond Member Blurock's Avatar
    Join Date
    May 2010
    Location
    Durban
    Posts
    4,151
    Thanks
    758
    Thanked 886 Times in 735 Posts
    Blog Entries
    7
    Only my humble opinion, but I suspect that inflation figures are being manipulated and that interest rates are kept artificially low. Inflation also differs between the elite and the working class as they do not buy the same goods etc.
    Excellence is not a skill; its an attitude...

  4. Thanks given for this post:

    Nickolai Naydenov (04-Jul-12)

  5. #4
    Diamond Member AndyD's Avatar
    Join Date
    Jan 2010
    Location
    Cape Town
    Posts
    4,923
    Thanks
    576
    Thanked 934 Times in 755 Posts
    It's certainly good news to a point but I wouldn't hold my breath for an interest rate cut based on just this. On the brighter side it should mean we won't get the rate rise they were talking about only a couple of months ago.

    There's a large fuel price drop coming next month which should help most people more in the short term than a small interest rate adjustment. This in turn might help with inflation if the price stays lower.
    _______________________________________________

    _______________________________________________

  6. #5
    Moderator IanF's Avatar
    Join Date
    Dec 2007
    Location
    Jhb
    Posts
    2,679
    Thanks
    197
    Thanked 529 Times in 405 Posts
    And the teachers ask why does inflation always come down in May during salary negotiations? Saw this on FB last night.
    Only stress when you can change the outcome!

  7. Thanks given for this post:

    Nickolai Naydenov (04-Jul-12)

  8. #6
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    Quote Originally Posted by IanF View Post
    And the teachers ask why does inflation always come down in May during salary negotiations? Saw this on FB last night.
    Because of the damage done to the economy by disruptive civil servants strikes?


  9. Thanks given for this post:

    Nickolai Naydenov (04-Jul-12)

  10. #7
    Moderator IanF's Avatar
    Join Date
    Dec 2007
    Location
    Jhb
    Posts
    2,679
    Thanks
    197
    Thanked 529 Times in 405 Posts
    Sometimes these conspiracies make you think? Would the government manipulate stats
    Only stress when you can change the outcome!

  11. #8
    Silver Member
    Join Date
    Jan 2012
    Location
    Johannesburg
    Posts
    305
    Thanks
    112
    Thanked 53 Times in 40 Posts
    Quote Originally Posted by IanF View Post
    Sometimes these conspiracies make you think? Would the government manipulate stats
    Yes, I've seen it happen and I know how they manipulate it, I can't say what government organisation I'm talking abouth though, but let me tell you it is huge
    ---There is no traffic at the extra mile---

  12. #9
    Email problem
    Join Date
    Jul 2012
    Location
    United States of America
    Posts
    6
    Thanks
    0
    Thanked 0 Times in 0 Posts
    Got some relief after listening to the news regarding inflation...
    How is it GDP going now a days.....
    i really think that what is the mistake of the people i mean they really work hard by day and night but after that what r getting in reward.. For me they r like simply getting assassinated.... for the deeds that they have not been committed yet...

Similar Threads

  1. How can we keep going with above inflation pay increases?
    By Dave A in forum Business Finance Forum
    Replies: 11
    Last Post: 06-Dec-11, 09:52 AM
  2. What is driving food inflation?
    By Dave A in forum Business Finance Forum
    Replies: 2
    Last Post: 05-Jun-09, 07:23 AM
  3. SARB inflation targetting
    By Dave A in forum Business Finance Forum
    Replies: 0
    Last Post: 14-May-09, 08:18 AM
  4. Inflation is Zimbabwe's number one enemy.
    By Dave A in forum South African Politics Forum
    Replies: 0
    Last Post: 24-Oct-06, 06:42 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •