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News
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SA's January CPI up at 6.3% y-o-y
Source: Reuters
South Africa's targeted consumer price inflation quickend to 6.3 percent year-on-year in January, from 6.1 percent in December, Statistics South Africa said on Wednesday.
22 February 2012
China factory activity shrinks for 4th month
Source: Reuters
China's manufacturing sector contracted in February for the fourth straight month as new export orders dropped sharply in the face of the euro-area debt crisis, the HSBC flash purchasing managers index showed on Wednesday.
22 February 2012
Eurozone seals second Greek bailout after tortuous talks
Source: Reuters
Euro zone finance ministers sealed a second bailout for debt-laden Greece on Tuesday that will resolve its immediate financing needs but seems unlikely to revive the nation's shattered economy.
21 February 2012
Greece bail-out set to get nod today
Source: Business Day
EURO-zone finance ministers look set to approve a bail-out package for Greece today although final details are still being worked out, Austrian Finance Minister Maria Fekter said yesterday.
20 February 2012
Rising oil price set to hurt motorists
Source: Business Report
Brent crude oil went over $120 (R928) a barrel on Friday, the highest since May last year. The impact of higher crude prices, along with a volatile rand, could push the price of petrol in Gauteng to more than R11 next month, for the first time, according to Tony Twine, the senior economist at Econometrix.
20 February 2012
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| FNB Civil |
The FNB/BER civil construction confidence index rose to 26 points in 4Q11 from 21 in 3Q11. Despite the increase, the current reading indicates that three quarters of respondents remain dissatisfied with prevailing conditions. |
| Kagiso PMI |
The seasonally adjusted Kagiso PMI started 2012 off on a very positive note as the index shot through the key 50 mark to reach 53.2 during January. Compared to December 2011, the PMI rose by 3.8 points to reach the highest level since June 2011. |
| RMB/BER BCI |
The RMB/BER BCI declined by one index point to 38 in 4Q11. Sentiment improved notably in the retail and wholesale trade sectors, deteriorated further in new motor trade and remained largely unchanged in manufacturing and building. The survey implies a slightly faster GDP growth rate in 4Q11 after the soft patch in 3Q11 |
| FNB/BER CCI |
After falling by 7 index points in 3Q2011, the FNB/BER consumer confidence index (CCI) increased by one index point from +4 in 3Q2011 to +5 in 4Q2011. The one index point change is so small that for all practical purposes one could say that consumer confidence remained unchanged in 4Q2011. Consumer confidence remains above average supportive of consumer spending. However, accelerating inflation will likely dent the growth in real disposable income over the short term. This will probably lead to lower growth in consumer spending given the limited access to bank credit. |
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Top 5 Pages
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Update
Jan 10 2012
A monthly economic fact sheet accompanying the BER's economic forecast report, Economic Prospects ...more
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Kagiso PMI
Feb 1 2012
The seasonally adjusted Kagiso PMI started 2012 off on a very positive note as the index shot ...more
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BER press release
Jan 17 2012
The FNB/BER civil construction confidence index rose to 26 points in 4Q11 from 21 in 3Q11. Despite ...more
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Kagiso PMI
Jan 18 2012
The seasonally adjusted Kagiso PMI lost some ground in December 2011, falling by 2.2 index points ...more
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Update
Feb 1 2012
A monthly economic fact sheet accompanying the BER's economic forecast report, Economic Prospects ...more
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