Economy / General

Macro Economic Consequences of Greylisting

Greylisting could lead to currency degradation, to inflation, and to trade deficits. Greylisting could also lead to difficulty in obtaining additional financing from global banks and bodies like the International Monetary Fund (IMF), the World Bank and the European Bank for Construction and Development.

Momentum report reveals grim financial reality for SA consumers in Q4 2022

PPS Investments: CPI for January 2023

Consumer price inflation increased by 6.9% year-on-year in January 2023, lower than the 7.2% year-on-year print in the previous month. This signals a continuation of the decline in inflation growth since the peak of 7.8% in July 2022. Month-on-month inflation increased by 0.1%, compared to the 0.4% increase in December.

Consumer inflation softened to 6.9% in January

Headline inflation was 6.9% y/y in January, down from 7.2% in December. Compared to the previous month, headline inflation is down 0.1%. This outcome is slightly higher than our expectation of 6.8%, but in line with consensus.