Our views on the property market

Property outlook remains bleak despite CPI reduction

by David de Waal on May 4, 2016

Despite Stats SA announcing that Consumer Price Inflation (CPI) decelerated from 7% year-on-year in February to 6.3% in March, food costs in March were nearly 10% higher than in March 2015. The reduction in CPI for March is largely due to a 5% petrol price cut, and, although welcome, is unfortunately probably not the start [Click to continue …]