INFLATION NEWS ON FASTMOVING

Johannesburg - South Africa’s inflation rate fell from the highest level in four years to 6 percent in September.  read more

hina's consumer price index (CPI), a key measure of inflation, climbed to 3.1 percent year-on-year in September, the government has said.  read more

Johannesburg - The softer global economy and weak domestic business and household confidence are expected to keep South African GDP growth at 2.0% this year with a marginal pick-up to 2.8% in 2014. read more

Zambia’s domestic and external debt for the year 2013 is projected to reach 37 percent of the country’s GDP. read more

The average change in prices of goods and services in the country, measured by inflation, dropped to 11.5 per cent in August after registering a consistent rise since January, this year. read more

Johannesburg - The drop in consumer confidence might have been exaggerated, according to the latest FNB [JSE:FSR] and BER Consumer Condifence Index (CCI). read more

Zimbabwe Stock Exchange (ZSE)-listed retail group OK Zimbabwe Limited has recorded a 5,1% increase in revenue to $123,1 million for the three months ending June 30, 2013, driven by cost-cutting measures and branch network expansion. read more

Shares of Truworths tumbled more than 7 percent yesterday after the retailer warned profit growth would miss expectations, as debt-laden customers slowed their spending.  read more

Pretoria - South Africa's economic growth prospects have weakened and constraints in electricity supply pose further downside risks, Reserve Bank Governor Gill Marcus said on Friday. read more

Zambia’s inflation rate has increased by 0.3 percentage points from seven per cent recorded in May 2013, to 7.3 per cent this month, while the country has recorded a trade surplus valued at KR267.8 million. read more

Cape Town – Consumers can expect a petrol price hike of close to 90c per litre, according to a quick survey done by Fin24.  read more

London - The downturn across eurozone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday. read more

Pioneer Foods Ltd. said it expects slower spending to curb its full-year performance. read more

Johannesburg – For the third consecutive month in May‚ South Africa continued to be the least-favoured major emerging market according to fund managers polled by Bank of America Merrill Lynch.  read more

ZAMBIA’s inflation rate for this month has slowed down by 0.1 per cent to 6.5 per cent from 6.6 per cent in March, while the trade surplus has gone up to KR307.7 million. read more

Johannesburg - The SA consumer could switch some of their expenditure from consumption to home buying‚ FNB household and consumer sector strategist John Loos said on Wednesday read more

Johannesburg - Consumer confidence plunged to a nine-year low during the first quarter of this year‚ signalling that household spending‚ the economy's main engine‚ would be subdued this year‚ according to a survey released on Tuesday. read more

Johannesburg - The SA Reserve Bank's concern about growth and consumer growth in particular shows that interest rate hikes are just not possible, economists say. read more

Pretoria - South Africa's economic growth quickened to 2.1% quarter-on-quarter in the fourth quarter of 2012 on a seasonally adjusted and annualised basis from 1.2% in Q3, Statistics South Africa said on Tuesday.  read more

Johannesburg - The new minimum wage for farmworkers has to be implemented from Friday, the labour department said. read more

Johannesburg - South Africa's economic growth slowed to 1.2% in the third quarter of 2012 on a seasonally adjusted and annualised basis, compared with a revised 3.4% rise in the second quarter, data showed on Tuesday. read more

Harare - Retail group OK Zimbabwe posted a 21% rise in first-half earnings on Thursday, driven by continued sales growth in an economy recovering from a decade of contraction. read more

Johannesburg - Inflation is set to moderate slightly in October although the rising cost of meat could push food prices higher, a Reuters poll found on Friday. read more

Washington - US consumer prices rose in October as the cost of shelter surged by the most in over four years, while gasoline prices fell in a boost for consumer spending power. read more

Pretoria - A report issued by the SA Reserve Bank on Tuesday sees economic growth slowing. read more

New Delhi - India's inflation accelerated to a 10-month high, hitting 7.81% in September, data on Monday showed, diminishing chances of an interest rate cut to jumpstart a sharply weaker economy. read more

Johannesburg – The rand was relatively flat in late trade on Monday as traders eyed international data and news for direction. read more

Johannesburg - Consumer price inflation (CPI) eased further to 4.9% in July, Statistics South Africa said on Wednesday.  read more

New Delhi - Indian ministers will meet on Tuesday to discuss measures to deal with a feared drought, including curbs on commodity derivatives, extra subsidies to farmers and the distribution of seeds, but are not expected to ban farm exports. read more

Johannesburg - South Africans were surprised and for the most part delighted by the Reserve Bank's decision on Thursday to cut its interest rate for banks, known as the repo rate, by 50 basis points. read more

The Reserve Bank may revise its inflation forecasts lower as a result of figures pointing to an improved outlook, the Bank’s deputy research head, Johan van den Heever, said on Thursday. read more

The price of Brent crude oil fell below $91 a barrel yesterday, a price last seen in December 2010, from this year’s high of $124 in March. read more

Johannesburg - South Africa's consumer inflation braked more than expected to 5.7% year-on-year (y/y) in May from 6.1% in April, returning to the Reserve Bank's 3%- 6% target band, Statistics South Africa said on Wednesday.  read more

The consumer price index (CPI) is expected to have registered six percent year on year in May from 6,1% in April, according to a survey of leading economists. read more

Producer inflation has fallen for six months in a row. Statistics SA released data yesterday on the prices of goods as they leave factories, farms and mines, which showed inflation at the producer level fell to an annual 6.6 percent in April, from 7.2 percent in March and a peak of 10.6 percent in October last year. read more

International oil prices yesterday fell to their lowest level in about five months, as fear continued to grow over the threat of Europe’s deepening debt crisis to global growth and reports that the US has more oil in reserve since its record 1990 levels. read more

Johannesburg - South Africa's consumer inflation quickened slightly to 6.1% year-on-year (y/y) in April from 6.0% in March, breaching the top end of the Reserve Bank's target band once again, Statistics South Africa data showed on Wednesday.  read more

Johannesburg - The Reserve Bank will maintain current interest rates, governor Gill Marcus said on Thursday. read more

Many South African households are in a financially precarious position after taking on an unsustainable debt burden, says Marc Sternberg, MD of Spark ATM Systems, one of the main automated teller machine deployers in South Africa. read more

Milan/London - World food prices eased in April after rising in the first quarter of this year, the United Nation’s food agency said, but inflation worries are still simmering as soybean prices climb. read more

Johannesburg - South Africa’s producer inflation, which represents domestic output, slowed to 7.2% year-on-year (y/y) in March from 8.3% in February, Statistics South Africa said on Thursday. read more

SA's producer price index is expected to clock in at 7.9% year on year in March from 8.3% in February read more

Johannesburg - South Africa's headline inflation slowed in March to within the central bank's target range for the first time in four months, suggesting inflation may undercut the bank's forecasts and ease pressure for action in the form of an interest rate rise. read more

The petrol price could rise by as much as 60 cents a litre in April, leading to a negative impact on month-on-month changes in CPI inflation, Absa Capital economist Jeff Schultz says. read more

he consumer price index (CPI) - the measure used by the South African Reserve Bank (SARB) for its inflation target - is expected to have remained unchanged at 6.3% year on year (y/y) in February, according to a survey of leading economists by I-Net Bridge.  read more

Growth in SA's retail trade sales at constant (2008) prices for January is expected to ring in at 7.5% year on year (y/y), from a y/y growth of 8.7% in December, according to a survey of leading economists by I-Net Bridge.  read more

The latest data release from Statistics South Africa shows growth in wholesale trade sales remained robust during December 2011.  read more

Once again, there's no shortage of local economic data this week, but the spotlight is likely to fall on the producer price inflation data for December. read more

The increase in South Africa's consumer price index (CPI), which is used by the SA Reserve Bank (SARB) for its inflation target, was 6.1% year on year (y/y) in December, from 6.1% y/y in November, Statistics SA (Stats SA) said on Wednesday.  read more

Bloomberg Beijing - China would take drastic measures to stabilise its exports and imports as slowing global growth created a “grim situation” for trade, Zhang Xiaoqiang, the vice-chairman at the nation’s top economic planning agency, said on Friday.  read more

Johannesburg - All 25 economist polled by Reuters expected the South African Reserve Bank’s Monetary Policy Committee to keep its repo rate unchanged at 5.5% next Thursday.  read more

Johannesburg - Economists were gloomier about South Africa's economic prospects for this year and next on the back of the eurozone debt crisis, while inflation was expected to be a bit higher than previous forecasts, a Reuters poll showed on Thursday.  read more

Mr Price Group has recorded sales growth of 15.9% for the third quarter over the comparable period in the prior year. read more

Inflation at SA’s factories, mines and farms dipped unexpectedly last month, but is likely to resume its climb in the year ahead, as the weaker rand raises the cost of imports. read more

The consumer price index (CPI) - the measure used by the SA Reserve Bank (SARB) for its inflation target - is expected to edge up slightly to 6.2% year on year (y/y) in November from the unexpected 6.0% y/y seen in October, according to a survey of leading economists by I-Net Bridge. read more

Johannesburg - The SA Commercial, Catering and Allied Workers Union (Saccawu) said on Thursday that Clicks Group [JSE:CLS] staff had begun a strike. read more

China’s economic growth was likely to slow to 8.5 percent in 2012 from 9.3 percent this year, but the global headwinds it faced could be partly offset by supportive policy steps, the Organisation for Economic Co-operation and Development (OECD) said yesterday. read more

Johannesburg - The South African Reserve Bank may need to ease interest rates further if demand growth continues to disappoint, the Organisation for Economic Cooperation and Development (OECD) said on Monday. read more

In factory towns across China's export powerhouse in the Pearl River Delta, a vicious cycle of slowing orders from the West and increasing wage pressures has led to a series of major strikes that could reverberate through the economy. read more

The consumer price index - the SA Reserve Bank's main inflation targeting measure - is sitting at the top of its three to six percent target range and will breach it this year, according to a survey of leading economists by I-Net Bridge.  read more

Critical consumer and producer inflation figures are to get a new look. Statistics SA yesterday announced a number of improvements in the way the data are collected and calculated. read more

THE Reserve Bank painted an upbeat picture of the economy in a quarterly report yesterday, but it did not highlight any trend which suggested that an interest rate increase was imminent. read more

Pretoria - The South African Reserve Bank said on Tuesday the inflation outlook had deteriorated markedly and it would not hesitate to act to quell price pressures, although it gave no clues as to when it might start raising rates. read more

INFLATION rose more slowly than expected last month, subdued by a surprise fall in food prices and fanning hope that price pressures may not build as fast as feared this year. read more

Johannesburg - The rand steadied against the dollar on Thursday and was likely to trade within a narrow range ahead of the interest rate decision later. read more