Die ekonomie minuut

Woensdag word Junie maand se verbruikersprysinflasiesyfer aangekondig en Donderdag maak die Reserwebank se Monetêre beleidskomittee ʼn aankondiging oor die repokoers.

Economists agree that last week's unrest will have an impact on economic growth, but it will take time for it to be reflected in the data. The figures that were released last week are May's production data for manufacturing and mining, as well as retail and wholesale sales.

Ekonome is dit eens dat die afgelope week se onrus ʼn impak op ekonomiese groei gaan hê, maar dit gaan tyd neem voordat die data dit wys. Die syfers wat wel verlede week bekend gemaak is Meimaand se produksiedata vir vervaardiging en mynbou, en ook kleinhandel en groothandel verkope.

This week we saw parts of the country being looted and burned. Much has been said about the causes, but what will the consequences be for the economy?

Hierdie week het ons gesien hoe dele van die land geplunder word en brand. Daar is al baie gesê oor die oorsake, maar wat gaan gevolge wees vir die ekonomie?

As of this morning, I am taking a Minute vacation for two to three weeks. I'm going to use the rest to rethink the ways I can share my love of explaining what is happening in the Economy. Thanks to everyone who listens.

Van vanoggend af vat ek eers ʼn Minuut-vakansie vir so twee tot drie weke. Ek gaan die ruskans gebruik om weer te dink oor die maniere waarop ek my liefde vir die verduidelik van die Ekonomie met mense kan deel. Dankie vir almal wat luister.

The Minute concludes the week with news from the markets.

Die Minuut sluit die week af met nuus van die markte.

May's consumer price inflation rate was announced yesterday and it is at its highest level in more than two years. Inflation rose from 4.4% in April to 5.2% in May.

Does this high inflation rate above the mean of the Reserve Bank's target band imply that interest rates should rise soon? The short answer is no.