Economy / General

PPS Investments: CPI for December 2023

Consumer price inflation cooled in December, to 5.1% year-on-year, compared to 5.5% in November. Inflation remains above the July trough of 4.7%, but still within the SARB’s target band. Analysts expected CPI to trend lower towards the mind-point over the course of 2024.

South African companies can turn short-term crises in 2024 into opportunities for creating business value and societal impact

PPS Investments: CPI for November 2023

Consumer price inflation increased by 5.5% year-on-year in November 2023, down from the 5.9% year-on-year print in October, and the sixth consecutive month that inflation has been within the 3%-6% target band.

PPS Investments: GDP Q3 commentary

As expected, South Africa’s economy contracted slightly during the third quarter of this year, shrinking 0.2% in real terms (seasonally adjusted). Although year-on-year growth to the end of September is negative (-0.7%), the economy has grown marginally year-to-date compared to the first three quarters of last year.