Discover and read the best of Twitter Threads about #administrered
Most recents (1)
Oct #Inflation released by Stats SA is at 5.0%, unchanged from Sep. #Food & #non-alcoholic beverages; #housing, #utilities; #transport; and #miscellaneous goods & services were the major drivers. Global inflation going up. Inflation no longer transitory, maybe persistent (1/N)
#Core inflation at 3.2%, still very low. #Goods inflation at 7.1%, with #none-durable goods at 8.6%! Services inflation is at 3.0%. #administrered prices (taxes!) rising by a whooping 11.2% (2/N)
CPI inflation excluding administered prices is at 3.8%, way below the #SARB @SAReserveBank mid-point of 4.5%. So, if the SARB hikes tomorrow, which i do not think it should and it will, its fighting inflation caused by the government (3/N)
