Economy / General

PPS Investments: CPI for October 2023

As expected, Consumer price inflation accelerated further in October, to 5.9% year-on-year, compared to 5.4% in September. Inflation has steadily crept higher after the July trough of 4.7% and is now uncomfortably close to the upper limit of the SARB’s target range.

The SARB MPC is expected to keep the repo rate unchanged this week

Agriculture defies the odds with a 10% y/y increase in jobs during Q3 of 2023

Today’s update on the Quarterly Labour Force Survey (QLFS) data from Statistics South Africa confirmed the resilience of agriculture as it defied the odds and made a significant improvement in employment in the sector.

Medium Term Budget 2023 Highlights