Last week, the slight drop in the inflation rate and the Reserve Bank's 75 basis point repo rate increase were headline economic news as load shedding continued. In today's episode, I want to quickly reflect on the repo rate hike, and say something about the mini-budget in October.

* The Economics Minute is supported by the NWU Business School.

Verlede week was die effense daling in die inflasiekoers en die Reserwebank se 75 basispunte repokoersverhoging ekonomiese hoofnuus terwyl beurtkrag voortgeduur het. In vandag se episode wil ek vinnig reflekteer oor die repo-koersverhoging, en iets sê oor die mini-begroting in Oktober.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Die Reserwebank het gistermiddag die repokoers met 75 basispunte verhoog tot 6,25%. Dit is algemeen verwag en volg die 75 basispunteverhoging van die Amerikaanse Federale Reserwebank Woensdag. Daar was ʼn paar interessante stukke nuus in die aankondiging.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Yesterday afternoon the Reserve Bank increased the repo rate by 75 basis points to 6.25%. This was widely expected and follows the US Federal Reserve's 75 basis point hike on Wednesday. There were some interesting pieces of news in the statement.

* The Economics Minute is supported by the NWU Business School.

Statistieke Suid-Afrika het gister Augustusmaand se verbruikersprysinflasiekoers bekend gemaak en dit was  goeie nuus, want dit lyk nou of Juliemaand wel die piek was op 7,8%, en dat inflasie se momentum nou begin afneem. Die afname na 7,6% word grootliks toegeskryf aan die vermindering van die brandstofpys in Augustus. Luisteraars sal onthou dat die petrolprys het met R1,32 per liter gedaal. Die daling in inflasie is ongelukkig nie genoeg dat verbruikers dadelik die verskil in hulle kruideniersmandjie gaan sien nie. Die pryse van voedsel en nie-alkoholiese drankies het steeds met 11,3% gestyg. Die vraag is of die VPI data vandag se repokoersbesluit veel gaan beinvloed.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Statistics South Africa yesterday announced August's consumer price inflation rate and it was good news because it now looks like inflation did peak in July and is now starting to slow. The decrease to 7.6% is largely attributed to the reduction of the fuel price in August. Listeners will remember that the price of petrol fell by R1.32 per litre. Unfortunately, the decrease in the inflation rate is not enough for consumers to immediately notice the difference in their grocery baskets. The prices of food and non-alcoholic beverages continued to rise by 11.3%. The question is whether this CPI data will affect today's repo rate decision.

* The Economics Minute is supported by the NWU Business School.

Later vandag word Augustusmaand se verbruikersprysinflasiesyfer bekend gemaak en die verwagting is dat dit effens laer gaan wees as in Juliemaand se 7,8%. Die vraag is of dit die Reserwebank se repokoersbesluit veel gaan beinvloed.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Later today, the consumer price inflation figure for August will be announced and the expectation is that it will be slightly lower than July's 7.8%. The question is whether this will greatly influence the Reserve Bank's repo rate decision.

* The Economics Minute is supported by the NWU Business School.

Stage-6 loadshedding is back and a lot is being written about the state of affairs. After the contraction of the economy in the second quarter, there are renewed concerns about the impact of load shedding.

* The Economics Minute is supported by the NWU Business School.

Fase-6 beurtkrag terug en daar word baie geskryf oor die stand van sake. Na die inkrimping van die ekonomie in die tweede kwartaal is daar opnuut kommer oor die impak van beurtkrag.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.