I spoke to Hilton Tarrant (@hiltontarrant) about food price inflation in South Africa yesterday afternoon on SAfm market update. It was a pretty packed interview – we covered a lot of ground and I got into how low income households are going to be hit by rising maize prices in coming months, the risks this poses to social unrest, and the fact that the falling rand means South Africans on fixed salaries are becoming sharply poorer compared to their international peers, and that the weaker rand also means we’re giving our wealth and assets away to foreigners at a discount. You can listen to the interview at Moneyweb.co.za.
I spoke to Lindsay Williams on CNBC Africa’s Business Tonight this week (Jan 20, 2014) where we discussed the price inflation environment in South Africa and what it means for the economy. Video after the link.
I spoke to Bruce Whitfield about ETM Analytics’ household price index inflation that has climbed by 9.2% from March 2013 to November 2013, an annualised rate of increase of 12.4%. This compares with the ‘official’ inflation rate of 5.5% year-on-year in October 2013. (I come in at around the 27 minute mark).
I was on SAfm Market Update with Hilton Tarrant yesterday afternoon to discuss Stats SA’s consumer price index data (inflation data) and what it means. Listen to the interview or read the transcript here.
For those, like Hilton’s co-host David Shapiro, who don’t trust my figures on the year-on-year inflation rate of the JSE All share index, see this chart.