Do you believe the official inflation rate?

The public’s distrust in historic inflation rates may have serious implications for staying within the inflation targets as they use their perception of past inflation rates as a reference point in setting their expectations for future inflation rates.

The Money Show’s Bruce Whitfield interviewed Prof. Jannie Rossouw, Head of the Wits School of Economic and Business Sciences.

Scroll down for quotes from the audio below.

Because people do not believe the past rate of inflation they expect higher inflation in the future. This feeds into higher wage demands that feed inflation.

Prof. Jannie Rossouw, Head of the Wits School of Economic and Business Sciences

StatsSA must publish where they get their prices so that anyone with statistical knowledge can check the figures.

Prof. Jannie Rossouw, Head of the Wits School of Economic and Business Sciences

There’s a danger of perpetually higher inflation expectations.

Prof. Jannie Rossouw, Head of the Wits School of Economic and Business Sciences

Subscribe to our Business Wrap Newsletter

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Grand Parade Investments (of Burger King SA) reports headline losses of R20.12m

Grand Parade Investments (of Burger King SA) reports headline losses of R20.12m

The Money Show’s Bruce Whitfield interviews Grand Parade Investments Chairperson Hassan Adams.

Worried about Govt using pensions to save SOEs? You may want to check this out

Worried about Govt using pensions to save SOEs? You may want to check this out

The Money Show’s Bruce Whitfield interviewed Pan-African Investments and Research Services CEO Dr Iraj Abedian.

Blockchain expert on whether Bitcoin is a bubble

Blockchain expert on whether Bitcoin is a bubble

Are Bitcoins modern-day Tulips? The Money Show’s Bruce Whitfield interviewed RMB Head of the Blockchain Initiative Farzam Ehsani.

How to avoid a horror story when buying software for your business

How to avoid a horror story when buying software for your business

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

How to survive retrenchment

How to survive retrenchment

Your rights (and their responsibilities) upon retrenchment. Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

5 surprises from the new iPhone (e.g. it costs R20 000 in South Africa)

5 surprises from the new iPhone (e.g. it costs R20 000 in South Africa)

The Money Show’s Bruce Whitfield interviews Stuff magazine editor Craig Wilson.

Popular articles
Opinion:  Bishop Lekganyane is right

Opinion: Bishop Lekganyane is right

Stephen Grootes weighs in on comments made by the Zion Christian Church Bishop at the weekend.

Joburg Market officials face arrest over 'disturbing' fraud claims

Joburg Market officials face arrest over 'disturbing' fraud claims

It's alleged three officials defrauded the City to the amount of at least R7.5 million by inflating the number of goods received.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

'Collect experiences, NOT possessions!' - Paul Theron (Vestact MD)

Bruce Whitfield interviews the razor-sharp tongued Vestact MD Paul Theron about his money hopes, fears, successes, failures, etc.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?