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October 2022

Inflation Cools Slightly To 7.5%

27 October 2022 – Annual consumer price inflation cooled to 7.5% in September from 7.6% in August, which was slightly better than economists expected. Still, it’s clear that South Africans continue to suffer from eyewatering price increases. Annual food and non-alcoholic beverage inflation increased to 11.9% from 11.3% in August, with bread and cereal prices

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Top South African Trading Partners

24 October 2022 – South Africa continues to cope with international trade challenges related to its geographic distances from South African trading partners like China, Germany and the United States. South Africa shipped US$123.8 billion worth of goods around the globe in 2021. That dollar amount reflects a 38.3% gain since 2017 and a 44.5%

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Business Confidence Index Rises To 7-Month High In Spite Of Recent Turmoil In Economy

18 October 2022 – Business sentiment in South Africa remains resilient and at a better level than the average achieved at the height of the Covid-19 pandemic in 2020, in spite of recent turmoil in the economy. This comes as the Business Confidence Index (BCI) rose to a seven-month high in September, buoyed by inward

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