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Posts tagged “Economy”

CPI For Port Elizabeth Increases By 6.6% Year-On-Year


The Consumer Price Index (CPI) for Port Elizabeth increased by 6.6% year-on-year (y/y) in May according to figures released by Statistics South Africa this morning.

This was in line with the national figure but below the y/y increase for the whole...

Good demand at final wool sale


Good demand conditions and a significantly weaker currency contributed to higher prices at the final wool sale of the season, Cape Wools said in a statement yesterday.

It said the Cape Wools Merino indicator gained 3.2% on the previous sale to...

Solid growth prospects for the EC economy in 2013


The Eastern Cape is showing signs of economic recovery characterised by improved consumption levels last seen before the onset of the global financial crisis.

According to development financier, the Eastern Cape Development Corporation (ECDC),...