Market Predictions

Much has happened in the last twelve months that will make the February 2025’s budget one of the most important budget statements in a very long time. This will be the 1st budget of the formation of the Government of National Unity (GNU) after the general elections in May of 2024. This will also be a budget in the midst of an international diplomatic spat between Pretoria and Washington and suspension of US aid to South Africa with regards to the President’s Emergency Plan for Aids Relief (PEPFAR) program.

There are two key inflation measures in the economy: the Consumer Price Index (CPI) and the Producer Price Index (PPI). The CPI tracks inflation experienced by consumers, reflecting the overall rise in the prices of goods and services they purchase. In contrast, the PPI measures inflation at the producer level, capturing price increases of goods as they leave the factory gate.