Mail & Guardian
Mail & Guardian
fanie joubertlatest news & developments

February credit growth slows to 20,79%

Growth in demand for credit from South Africa’s private sector slowed to 20,79% year-on-year in February, lower than expectations and easing pressure for an interest-rate hike…

February PPI ‘a shock to the system’

South Africa’s producer price inflation (PPI) accelerated above forecasts to 11,2% year-on-year in February from 10,4% in January, official data showed on Thursday. Statistics…

SA manufacturing output quickens

South Africa’s manufacturing output growth quickened to an unadjusted 1,4% year-on-year in January, despite an energy crisis that knocked industry, official data showed on…

January PPI at 10,4%

South Africa’s new basket of producer price inflation stood at 10,4% year-on-year in January, official data showed on Thursday. Statistics South Africa said the headline number…

January trade deficit widens to R10,2-billion

South Africa’s monthly trade deficit widened to R10,2-billion in January, compared with December’s R1,2-billion gap, the South African Revenue Service said on Friday. Compared…

Inflation surge boosts rate-hike chances

South Africa’s consumer inflation, which jumped unexpectedly in January, raised the risk of further monetary tightening despite worries over slowing economic growth. Statistics…

Dismal mining figures despite price rally

South Africa’s mining sector made a positive contribution to the overall GDP in the third quarter of 2007, but this is not expected to be the case in the fourth quarter,…

November PPI slows to 9,1%

South Africa’s producer price inflation (PPI) slowed to 9,1% year-on-year in November, below forecasts, from a 9,5% rise in October. On a monthly basis, PPI rose by 0,3% after a…

SA inflation jumps, backs rate rise

South African consumer inflation raced further away from the central bank’s band in November, backing the case for another interest rate rise, despite a slowdown in retail sales.…

‘Strong borrowing still going on in the economy’

Growth in demand for credit from South Africa’s private sector slowed in September, but remained above forecasts, keeping up pressure for higher interest rates. Credit growth…