Business Day (Johannesburg)
28 August 2008
SA's main inflation rate rose to 13% last month, a touch above forecasts, but government bonds rallied on the view that yesterday's figures helped the case for keeping interest rates steady for the rest of the year.
[ See Article ]
Are you trying to tell me that if the wholesale price goes up 18% then retail will go up 13%,this does NOT mean that inflation has reached its peak it means that old stock is being sold at a price that will make it easy for the retailer to pay for the new stock.I for one ask not for good news to dilute the bad,I ask for nothing else but the truth.