Guiding consumers since 2009

New inflation basket may mislead bank

By Staff Writer
New inflation basket may mislead bank

By Ethel Hazelhurst
From Business Report

Official inflation figures could be misleading next year after a new consumer basket is introduced, according to Azar Jammine, the chief economist at Econometrix. That would mean the Reserve Bank could base its interest rate decisions on unreliable data.

Justmoney.co.za says:

Whether anyone else knows what is going on is a moot point, but do you know what your financial health is? Have you worked out your budget? Do you need debt consolidation or management? Do you have a savings account, or a cheap bank account?

 

Recent Articles

Featured Everything you should know about tax auto assessment

In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?

What does it mean to be a registered Financial Services Provider?

You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?

Should the retirement age change?

Across the world, people are retiring later than they used to. However, retirement products are centred around set retirement ages at which point you’d be able to access your retirement savings. But how applicable is the current retirement age in South Africa?

Everything you need to know about wills

Death can leave a lot of confusion and chaos. What happens to your possessions when you die can have a profound effect on those you leave behind. But you can soften the impact by drawing up a will.

Deals

Get 30% off your gym membership with Absa student account

Price: Available on request
When: Daily
Where: Nationwide

Get 10% discount on Rentalcars.com

Price: Available on request
When: Daily
Where: Worldwide

Get up to R5 back in rewards points when buying fuel

Price: Available on request
When: Daily
Where: Nationwide


Latest Guide

Guide to debt rehabilitation solutions