CPI 8.1%

[DEP]

CPI for Jan09 came in at 8.1%. Better than market expected?

[#2]

Worse, they expected 7.5%

[Shaun_Siddall]

So rate cut this week? I dont think so...

[#4]

Unfortunately I agree with you although they still have scope to do so

[saash]

Target is meant to be 2-6? I don't think another rate cut should be on the cards. Is reckless financial policy, we just got 100pts, and a tax break!

[Shaun_Siddall]

In that band prime should be between 10-12%.

[#7]

Pretoria - An increase in bank fees by "one particular bank" in January has added to the 3.7% month-on-month (m/m) increase in financial services in January, said head of CPI at Stats SA, Patrick Kelly, during a press briefing on Wednesday. Standard Bank and Nedbank fees increased by 9%. FNB only review their fees in July. Not sure about ABSA

[Sugar_Snap]

What tax break, read between the lines !!

[Shaun_Siddall]

LOL it was a below inflation adjustment to the tax brackets!

[DEP]

PPI 9.2% in Jan09. Is it better / worst than expected?

[#11]

According to SUMMIT TV, the one bank that can blamed for huge fee increase is Standard Bank

[#12]

hehe...the politics...I believe SBK is now in bed with CNBC ...

[SimonPB]

dep, slightly better .. chartist, explain ?? did we buy a teevee station an nobody told me ??