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The tyranny of numbers: economic statistics are less certain than you think

04 June 2015

True economic growth is less certain than some statistics would have us believe. Understanding this helps us make better informed decisions.

What growth?

04 June 2015

The Reserve Bank has warned that interest rate hikes are inevitable, given the medium-term inflation outlook and that this will not unduly sacrifice growth. What growth?

Disposable incomes continue to beat inflation

27 May 2015

For the fifth month in a row, pensions are increasing faster than take-home salaries. Last month, take-home salaries increased by 5.9%, beating inflation by 1.4% according to the BankservAfrica Disposable Salary Index (BDSI), while the BankservAfrica Private Pension Index (BPPI) indicates that pensioners saw an average increase of 10% on their income.

SA inflation – Lower food inflation

26 May 2015

SA’s annual headline consumer inflation at 4,0% in March from 3,9% in February was lower than the markets expectations. The lower rate relative to forecasts stemmed from lower-than-expected food prices.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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