US core PCE inflation for July, at 2.6% y/y, was welcomed because it shows inflation is under control, although it still above the US Federal Reserve’s target of 2%. In Europe, consumer inflation has moderated to 2.2% y/y, close to the European Central Bank’s target of 2%, which may prompt the bank to cut rates again before the end of the year.<br />
SA’s producer inflation rate of 4.2% y/y for July reflected the second consecutive month-on-month decline. However, it suggests a lacklustre manufacturing sector, with no pricing power. South African government revenue for July has printed slightly behind budget, while expenditure is slightly ahead of budget. This is not a risk yet but, if the economy fails to gain momentum, there is a risk of a revenue shortfall in the February 2025 Budget.<br />
Click here to listen to the podcast

US core PCE inflation for July, at 2.6% y/y, was welcomed because it shows inflation is under control, although it still above the US Federal Reserve’s target of 2%. In Europe, consumer inflation has moderated to 2.2% y/y, close to the European Central Bank’s target of 2%, which may prompt the bank to cut rates again before the end of the year. SA’s producer inflation rate of 4.2% y/y for July reflected the second consecutive month-on-month decline. However, it suggests a lacklustre manufacturing sector, with no pricing power. South African government revenue for July has printed slightly behind budget, while expenditure is slightly ahead of budget. This is not a risk yet but, if the economy fails to gain momentum, there is a risk of a revenue shortfall in the February 2025 Budget. Click here to listen to the podcast

US core PCE inflation for July, at 2.6% y/y, was welcomed because it shows inflation is under control, although it still above the US Federal Reserve’s target of 2%. In Europe, consumer inflation has moderated to 2.2% y/y, close to the European Central Bank’s target of 2%, which may prompt the bank to cut rates again before the end of the year.<br>
SA’s producer inflation rate of 4.2% y/y for July reflected the second consecutive month-on-month decline. However, it suggests a lacklustre manufacturing sector, with no pricing power. South African government revenue for July has printed slightly behind budget, while expenditure is slightly ahead of budget. This is not a risk yet but, if the economy fails to gain momentum, there is a risk of a revenue shortfall in the February 2025 Budget.<br>
Click here to listen to the podcast

Encouraging trends are evident in latest US, European inflation data

STANLIB is a specialist investment manager, administering over R600 billion in assets under management.

Whether you need to preserve your capital or create wealth in the long term, our teams of investment specialists can help you achieve your goals. We offer a depth of expertise across investment disciplines – from absolute return and fixed income to listed property, balanced, equity and alternatives; spanning active and passive management, single and multi-manager offerings. 

Through this wide range of investment capabilities we offer our clients both pooled and segregated investment solutions across a broad choice of traditional and alternative asset classes.

With our clients at the centre, our investment teams are developed to deliver outstanding outcomes through the skill, passion and dedication of each team member. Their unique blend of skills, areas of specialisation and perspectives enables us to make better-informed decisions so we can help our clients, both individuals and institutions, achieve their financial goals. 

Combined with our teams’ range of specialist skills, their focus on in-depth research and risk mitigation strategies, examining markets from diverse perspectives culminates in consistent long-term investment performance. 

We are proud of our South African heritage and the legacies of our founders. The size of our organisation allows for the acquisition of advanced systems, databases and research facilities and provides unique investment opportunities while our specialist team structure enables distinct focus on their areas of expertise.

STANLIB Asset Management is an authorised financial services provider.

Business

News

Investing

Business News

STANLIB is a specialist investment manager, administering over R600 billion in assets under management. Whether you need to preserve your capital or create wealth in the long term, our teams of investment specialists can help you achieve your goals. We offer a depth of expertise across investment disciplines – from absolute return and fixed income to listed property, balanced, equity and alternatives; spanning active and passive management, single and multi-manager offerings. Through this wide range of investment capabilities we offer our clients both pooled and segregated investment solutions across a broad choice of traditional and alternative asset classes. With our clients at the centre, our investment teams are developed to deliver outstanding outcomes through the skill, passion and dedication of each team member. Their unique blend of skills, areas of specialisation and perspectives enables us to make better-informed decisions so we can help our clients, both individuals and institutions, achieve their financial goals. Combined with our teams’ range of specialist skills, their focus on in-depth research and risk mitigation strategies, examining markets from diverse perspectives culminates in consistent long-term investment performance. We are proud of our South African heritage and the legacies of our founders. The size of our organisation allows for the acquisition of advanced systems, databases and research facilities and provides unique investment opportunities while our specialist team structure enables distinct focus on their areas of expertise. STANLIB Asset Management is an authorised financial services provider.

Share Encouraging trends are evident in latest US, European inflation data

Sign up to save your podcasts

Encouraging trends are evident in latest US, European inflation data

Encouraging trends are evident in latest US, European inflation data

More shows like STANLIB Podcasts

The Diary Of A CEO with Steven Bartlett

MoneywebNOW

Huberman Lab

ekerk Lewendig | Die Podcast