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SEIFSA CAUTIOUSLY WELCOMES CPI REPRIEVE WHICH RELIEVES CONSUMERS

JOHANNEBURG, 21 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) cautiously welcomes the inflation reprieve as indicated today by Statistics South Africa’s (StatsSA) inflationary data. This development is supported by the annual core inflation reading that has maintained similar figures in the July 2016 and August 2016 periods.

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METALS AND ENGINEERING PRODUCTION DISAPPOINTS AGAIN, IGNORING THE HEALTHIER GDP FIGURES


JOHANNEBURG, 8 September 2016 – The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) today expressed its disappointment at the latest production figures which indicate a continuing slump in the metals and engineering sector – after the Federation warned earlier this week that the promising gross domestic production numbers overshot the sector.

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