Surprise SA retail figures in July, with softening trend expected

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In this podcast, STANLIB’s Chief Economist, Kevin Lings, focuses on the US interest rate decision to hike rates by 25bps and what the environment suggests for interest rates going forward, with at least two hikes expected this year. He also examines SA retail sales in July, which surprised strongly to the upside, with a trend toward softer retail spending in the latter part of the year, given a likely increase in fuel prices and a likely rate increase this week.

STANLIB Asset Management (Pty) Ltd is an authorised Financial Services Provider in terms of the FAIS Act. This should not be construed as advice.
21 Sep English South Africa Investing · Business News

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