Economists have over the last few weeks been worried about the impact of all the adverse shocks, such as load shedding and the floods, on economic growth in the second quarter. In addition, there are all the cost-pressure factors caused by Russia's invasion of Ukraine and China's Covid lockdowns, and now the ghost of stagflation is haunting the business news. Unfortunately, our indicators are only available with a lag.
* The Economics Minute is supported by the NWU Business School.
