In terms of the technical work done, preliminary indications are that potential output growth will be around 4.5 percent. |
Indications are that both manufacturing and mining real growth remain under pressure in the first quarter. |
Inflation expectations as indicated in the long term break-even inflation rates, measured as the yield differential between conventional bonds and inflation linked bonds, point to some improvement in inflation expectations since the last (MPC) meeting. |
It is my responsibility to vote. We have to fulfil this responsibility. |
It's important for businesses to have this kind of layer of senior managers in terms of succession planning, so you don't have to scuttle around looking for replacements. |
It's not passé. A number of central banks have been given inflation targets by their governments and I think that's appropriate because governments are elected and must explain their choices to the electorate. |
The bias is on the upside; the bias is on the tightening side; it is not on the loosening side. |
The cost of servicing this debt, while still low, nevertheless increased from six and three quarters per cent of disposable income in the third quarter of 2005 to 7% in the fourth quarter. |
The higher food price inflation is evident in production prices. Along with higher maize prices (these) also point to a possible acceleration in retail food price inflation going forward. |
The overall effect of the international oil price increases on inflation and output has been far more muted than expected. |
There is a danger that if debt servicing costs increase, many households will find themselves in a bit of difficulty. And they might. |
There is no particular convention. If we need to move by 25 basis points we will; if we need to move by 200 basis points we will do so. |
These wage developments reflect to some extent entrenched expectations that inflation will remain within the inflation target range. |
We want to see a competitive and stable exchange rate, nothing more, nothing less. |