Over the last few days the economic news has been dominated by the story of inflation in the US and the 75 basis point increase in their interest rate. Interestingly, their so-called “benchmark” rate stands at 1.5-1.75%, much lower than our 4.75% repo rate. In the weekend's newspapers, economists explained how the increase could affect South Africa. Most believe that the Reserve Bank has room for manoeuvre and does not have to act as aggressively against inflation as the US Fed. To test whether this argument is sound, one can compare the causes of inflation in the US and South Africa.

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

Die laaste paar dae se ekonomiese nuus is oorheers deur die storie van inflasie in die VSA en die 75 basispunte verhoging van hulle rentekoers. Dit is dalk net interessant om te noem dat die sogenaamde “benchmark” koers staan op 1,5-1,75%, heelwat laer as ons 4,75% repokoers. In die naweek se koerante het ekonome verduidelik hoe dit Suid-Afrika kan raak. Meeste is van mening dat die Reserwebank speelruimte het en nie so aggressief hoef op te tree tee inflasie as die Amerikaanse Fed nie. Om te toets of so speelruimte argument sin maak kan mens vinnig die oorsake van inflasie in die VSA en Suid-Afrika vergelyk.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

This week's important economic indicator was not a local data point, but the US Federal Reserve's 75 basis point interest rate hike. Listen here to why it matters for us in South Africa.

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

Die afgelope week se belangrikste ekonomiese aanwyser was nie ʼn plaaslike datapunt nie, maar die Amerikaanse Federale Reserwebank se 75 basispunte rentekoersverhoging. Luister oor hoekom dit ons hier in Suid-Afrika raak.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Ons vier vandag Jeugdag, maar volgens verskeie maatstawwe gaan dit nie goed met Suid-Afrika se jongmense nie, maar ek glo daar is groot geleenthede in aanlynleer.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

We celebrate Youth Day today, but by various measures, South Africa's young people are not doing well., but I believe there lie considerable opportunities in online education.

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

The vacation-Minute is a rebroadcast of an episode from earlier this year.

In the run-up to the COP26 climate change summit, it was clear that coal-fired energy generation is out of fashion. But new research shows that cattle emit far more greenhouse gases than previously thought and the most effective way to reduce your carbon footprint is to eat pork instead.

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

Die vakansie-Minuut is 'n heruitsending van 'n episode van vroeer vanjaar.

In aanloop na die COP26 beraad oor klimaatsverandering is dit duidelik dat energie-opwekking met steenkool uit die mode is. Maar nuwe navorsing wys dat beeste heelwat meer kweekhuisgasse vrystel as wat vroeer gedink is en die mees effektiewe manier om jou koolstofvoetspoor te verklein is om eerder varkvleis te eet.

* Die Ekonomie Minuut word ondersteun deur die NWU SakeSkool.

Die vakansie-Minuut is 'n heruitsending van 'n episode van verlede jaar.

Krimpflasie is nie ʼn woord wat jy in ʼn Ekonomie handboek sal kry nie. Dit beteken ook nie dat pryse daal nie, dit is deflasie. Krimpflasie is wanneer die prys dieselfde bly, of selfs styg, maar die gewig of volume van die produk krimp.

* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

The vacation-Minute is a rebroadcast of an episode of last year.

Shrinkflation is not a word you will find in an Economics textbook. Nor does it mean that prices are falling, that is deflation. Shrinflation is when the price stays the same, or even increases, but the weight or volume of the product shrinks.

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