7 Quotes by Shireen Darmalingam
- Author Shireen Darmalingam
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Should the dollar price of oil continue to soar as oil supply from the world's major oil producers is threatened, a substantial increase in the rand-denominated value of imports could follow.
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- Author Shireen Darmalingam
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Trade deficits in the final quarter of last year, as measured by the South African Revenue Service, suggest that the Bank's trade reporting will reflect a similar trend of rising deficits.
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- Author Shireen Darmalingam
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While growing 5,6% (in January) compared with January last year, production in the sector declined on a seasonally adjusted basis by 2,7% from December.
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- Author Shireen Darmalingam
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The residential property market continues to be buoyant even though growth in house prices has softened substantially from last year's peak.
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Increased aversion in emerging market countries during March resulted in the rand losing ground against its major trading partners.
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Imported vehicles are flooding the market, and have helped contain local prices over the past year.
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- Author Shireen Darmalingam
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However, household-debt levels are seen as a concern, with households finding themselves in some difficulty if debt-servicing costs increase.
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