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AGRI NEWS NET "LIVE" FEED
Suid Afrika se reserwebank met sy uiters verouderde beleid van Rentekoers verhogings om inflasie te beperk het oor die jare biljoene rande se welvaart vernietig- Dit het vernietigende gevolge om die inwoners van Suid Afrika- Die laaste paar jare se rentekoers verhogings het die middelklas nog verder vernietig en ons landbouers se skuld het drasties toegeneem
The FAO Food Price Index (FPI) reached 127.4 index points in October 2024 (the highest level since April 2023), being 2.0% higher than in September 2024, and 5.5% higher than a year ago. Prices for all commodities except meat rose from September 2024 (MoM change), with oils experiencing the biggest increase at 7.3%, followed by sugar (2.6%),dairy (1.9%) and cereals (0.8%).
Dit is AGRI NEWS NET- lekker om te lees- altyd op tyd- in jou hand.- As jy nie deel is van AGRI NEWS NET nie, is jy nie deel van Landbou in Suid Afrika, Afrika en die res van die wereld nie. Nuus wat jy kan vertrou. Breek weg van die negatiewe nuus van Suid Afrika en word deel van die Toekoms van Landbou.
Following last month’s 25 basis point cut, the South African Reserve Bank’s Monetary Policy Committee has decided to cut interest rates by another 25 basis points this month. The repo rate, which climbed from 3,5% in 2021 to 8,25% by 2023, now sits at 7,75% and the prime rate at 11,25%.
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