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This week was filled with indicators. The important one was the unemployment rate, but there was also private sector credit extension and the trade balance figures. ABSA's Purchasing Managers' Index and Naamsa's new vehicle sales figures for March will be announced later today.
* The Economics Minute is supported by the NWU Business School.
Dit voel of vir my dat ons maklik praat oor ʼn inflasiekoers van 5,7%, of ʼn uitgebreide werkloosheidskoers van 46,2%. Die Pietermaritzburg Economic Justice and Dignity Projek se huishoudelike bekostigbaarheidsindeks plaas hierdie makro syfers in perspektief. Die indeks meet die koste van ‘n mandjie van basiese voedselprodukte wat huishoudings eerste koop om te oorleef.
* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.
It seems that it is easy to talk about an inflation rate of 5.7%, or an extended unemployment rate of 46.2%. The Pietermaritzburg Economic Justice and Dignity Project's household affordability index puts these macro figures into perspective. The index measures the cost of a basket of basic food products that households buy first to survive.
* The Economics Minute is supported by the NWU Business School.
Die vierde kwartaal se werloosheidsyfer is toe nog erger as wat ons verwag het. Volgens die sogenaamde eng definisie staan werkloosheid op 35,3%. As mens bietjie dieper delf is daar tog interessante inligting en dalk so bietjie hoop.
* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.
The fourth-quarter unemployment rate was even worse than expected. According to the so-called narrow definition, unemployment stands at 35.3%. If you dig a little deeper, there is interesting information and maybe a little hope.
* The Economics Minute is supported by the NWU Business School.
Statistieke Suid-Afrika maak vandag arbeidsstatitieke bekend vir die vierde kwartaal van 2021. Ontleders verwag ʼn verdere toename in ons rekord werkloosheidskoers tot 35,1%. Ek het gedink dit is ʼn goeie idee om onself net weer te herhinner hoe ons hier gekom het.
* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.
Statistics South Africa today releases labour statistics for the fourth quarter of 2021. Analysts expect a further increase in our record unemployment rate to 35.1%. I thought it was a good idea to just remind ourselves how we got here.
* The Economics Minute is supported by the NWU Business School.
Met verlede week se repokoersbesluit en die beleggingskonferensie was daar ʼn paar ekonomiese aanwysers wat ek nie oor gepraat het. Vandag vang ek gou op.
With last week's repo rate decision and the investment conference, there were some economic indicators that I did not talk about. Today I want to do a quick round-up of what we missed.
Gister het Suid-Afrika se vierde internasionale beleggingskonferensie afgeskop. President Ramaphosa het in 2018 die doelwit gestel om R1,2 triljoen se beleggings te trek teen 2024 en die eerste drie konferensies het beloftes van beleggings van R744 miljard ingebring. Mens kan ʼn paar dinge oor die beleggingskonferensies sê en vra.
* Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.
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