Stats SA will publish May inflation numbers this week, and economists are anticipating some good news.
Economists at the Bureau for Economic Research are expecting May consumer inflation figure to reflect positive news for both food and fuel prices.
A similar downward trend is expected for petrol, with the BER projecting the annual rise in the petrol component also to be depressed by last year’s high base. The bank did note, however, that it still expects there to be significant underlying price pressures. These pressures include a shaky and volatile rand, persistent load shedding and poor growth expectations for the overall economy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Transnet CEO Portia Derby says terminal operator partner is chosen - The Africa Report.comTransnet, South Africa’s utility that runs port and freight-rail operations, has settled on an “international terminal operator partner” as the beleaguered state company hopes to carve out private sector partnerships to turn its fortunes around.
Read more »
Africa: The View(s) From Africa - What to Make of the Bonn Climate Talks?Analysis - We gathered a diverse panel to break down the significance and outcomes of the crucial pre-COP28 meeting for Africa.
Read more »
Alarming rise in identity theft in South AfricaThe South African Fraud Prevention Service has reported a major increase in impersonation fraud among others – threatening everyday South Africans.
Read more »
An alternative to a degree for job seekers in South AfricaUnemployment in South Africa is high, even among university graduates, but there are alternative employment routes that could put you in high demand.
Read more »
South Africa hit by simultaneous measles, mumps, and diphtheria outbreaksSo far this year the National Institute for Communicable Diseases has issued reports on three different outbreaks of vaccine-preventable diseases. Vaccine coverage was low even before the COVID-19 pandemic, and immunisation rates declined further during lockdown.
Read more »