Explore the Category
Consumer price inflation increased by 3.1% year-on-year as at the end of December 2020, which was marginally lower than the 3.2% year-on-year increase from the previous month. For the 2020 calendar year inflation averaged 3.3% which was 0.8% lower than the 4.1% average in 2019.
The GDP numbers are much better than expected. In fact, the 66% quarter-on-quarter, seasonally adjusted, annualised figure is better than even the best industry expectation.
The South African economy saw a rebound in Gross Domestic Product (GDP) during the third quarter of 2020. GDP increased by 66.1% quarter-on-quarter annualised (seasonally adjusted).
South Africa’s agriculture GDP still came out impressive in the 3rd quarter 2020 at 18.5% quarter-on-quarter (q/q) seasonally adjusted annualised with a 0.6 percentage point contribution, according to Statistics South Africa (StatsSA).
What can retirement funds do to improve client-adviser engagement during members’ employment years?