The US markets are closed today for the 4th of July public holiday. And, to celebrate our American friends' Independence Day, I thought it would be an excellent time to look at one of the most successful companies to come out of their capitalist democracy: Microsoft.
Why I think these gold shares could make 2019 the most profi... ››› more
Yesterday, Stats SA released its retail sales data covering July.
On an annual basis the key economic figure showed growth was higher than economists expected. But it was less than the growth seen during June.
Let's take a closer look at what the data showed…
Retail sales grew 3.3% in July
Retail sales came in at 3.3% on an annual basis in July, says BDLive. This is down from the... ››› more
Earlier today, Stats SA released its data for consumer inflation for July. The data showed consumer inflation came in higher and was in line with expectations.
So what is putting pressure on inflation?
Read on to find out…
Consumer inflation climbed 0.3%
Consumer inflation, as measured by the consumer price index (CPI), “accelerated to 5%” year-on-year, reports MoneyWeb. This ... ››› more
Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its business confidence data for July.
The business confidence index recovered from lows not seen since 1999.
So what's behind the small rise? And how can business confidence improve going forward?
Let's take a closer look…
Business confidence rose to 87.9
The business confidence index (BCI) came... ››› more
Earlier today, Stats SA released its producer inflation data for July.
The data showed that producer inflation, measured by the producer price index (PPI), fell 0.1% from June.
Some experts believe that producer inflation could continue to fall.
Let's take a closer look at what the data showed…
PPI fell to 8%
Headline producer inflation eased “to 8% year-on-year in July,” ... ››› more
Earlier today, Stats SA released its consumer price index (CPI) for last month. Consumer inflation came in slightly less than June. And below economists' forecasts.
But CPI for July is still above the Reserve Bank's target band for inflation.
Let's take a closer look at what the data showed.
Consumer inflation eased 0.3% year-on-year
Headline consumer inflation eased “to 6.3% year... ››› more
Earlier today, the South African Chamber of Commerce and Industry (SACCI) released its trade activity index for July.
The data showed that trade activity is under severe strain. This is the worst level seen so far this year.
Let's take a closer look at what's putting pressure on trade activity in South Africa…
Trade activity is at its worst level for the year so far
The Trade Acti... ››› more
Earlier today, Stats SA released its producer inflation data for last month. Economists expected a slowdown in the headline figure, but it surprised to the downside. Let's take a closer look at what the data revealed…
Production inflation dropped to 8.1%
Producer inflation came in at “8.1% year-on-year,” reports Fin24. That’s 0.6% lower than May’s figure.
In a survey conducte... ››› more
Earlier today, Stats SA released its retail sales for the month of July. And in spite of showing growth from the previous month, the figure came in well below expectations. The economy is looking tired. Let's take a closer look at what the data showed…
Retail sales in SA “grew 2.8% year on year” for July, report IOL. The figure is “far below expectations,” but better than the 1.4% seen... ››› more
Earlier today, Stats SA released its manufacturing data for July. And the data showed that it grew more than forecast. It looks like the weak rand played its part. Let's take a closer look at what pushed manufacturing higher in July…
Manufacturing output in South Africa rose to 5.4% for the month of July, reports Bloomberg. The weaker rand help to boost “revenue for exporters”.
Stats SA... ››› more
This morning, Stats SA released producer price inflation. The figure came in higher than expected at 6.6%. The weak rand has taken its toll. Let's take a closer look at what PPI for July shows…
Headline producer inflation increased “more than expected to 6.6% year-on-year” last month, reports Fin24. That’s up 0.6% from June.
Price producer inflation, which is the “cost of goods leav... ››› more
The tension has built up as the week's progressed closer to the release of the Fed's July meeting minutes. With the US still pumping $85 billion a month into the economy, investors want to know when it's going to stop. Read on to find out what the minutes showed…
The US continues to pump $85 billion into its economy as part of its stimulus programme. Investors want to know when the US Federal ... ››› more
This morning, Stats SA released consumer inflation for July. And it wasn't good news. It hit 6.3%, way over the Reserve Bank's target band. Let's have a closer look at what is driving inflation higher…
Consumer inflation, measured by the Consumer Price Index (CPI), came in much higher than expected “as higher fuel prices weighed on consumer prices,” reports Fin24. Headline inflation “hit... ››› more
The South African Chamber of Commerce and Industry (SACCI) released its trade activity index (TAI) for July earlier today. It showed that trade conditions remain positive, as this index didn't change from June. Let's have a closer look at what the latest index shows…
Earlier today, SACCI said that “trade conditions remained positive in July,” reports Fin24. This is in spite of “volatilit... ››› more
Earlier today, the US Commerce Department released its retail sales data for July. And it showed that consumer spending increased at the quickest pace for seven months. Let's have a closer look at what the data revealed…
The US Commerce Department’s retail sales data gauges US consumer spending, notes BDLive.
And that consumer spending is a key economic driver, notes IOL. It “accounts f... ››› more
The number of new vehicles bought in SA last month jumped as fears intensify over price increases. It's thought the weaker rand could be the driving factor. Read on to find out more…
Earlier today, the National Association of Automobile Manufacturers released some good news.
“New vehicle sales rose 7.5% year on year in July,” reports BDLive. This is a marked increase from June, which sa... ››› more
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