wazua Sat, Mar 21, 2026
Welcome Guest Search | Active Topics | Log In

4 Pages123>»
this just in-march inflation hits 9.1%
Options
Previous Topic · Next Topic
kizee1
#1 Posted : Wednesday, March 30, 2011 4:36:44 PM
Rank: Member

Joined: 9/29/2010
Posts: 679
Location: nairobi
so


the rate hits 9pct up from 6.54pct main rise from..you guessed it pump prices!..so the buck stops somewea btwn nock and cbk....
Back to top
  | | Edit by moderator: Thursday, March 31, 2011 9:12 AM | Reason: topics merged
Sober
#2 Posted : Wednesday, March 30, 2011 10:11:00 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
where are we headed?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Back to top
  |
Cde Monomotapa
#3 Posted : Wednesday, March 30, 2011 10:15:17 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Say wha?!
Back to top
  |
For Sport
#4 Posted : Wednesday, March 30, 2011 10:22:18 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Meaning its useless to save?..No interest rate around here will save you from this erosion.
Back to top
  |
For Sport
#5 Posted : Wednesday, March 30, 2011 10:23:57 PM
Rank: Veteran

Joined: 12/23/2010
Posts: 1,229
Back to top
  |
hisah
#6 Posted : Thursday, March 31, 2011 8:12:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
I can hardly believe the inflation print @9.1%...?!

I posted this on March 1st that I expect inflation to spike to 9% in Q2 and it was an outrageous estimate!? But alas! It arrives in Q1?! Yet again we have some "analysts" saying this is just a blip and 6% GDP is safe. BS is my response to them. Double digit inflation here we come. CBK has to keep on hiking rates; they have no choice. Now will CBK adapt another inflation formula model to cook down double digit rates back to single digit...??? How many of u have done yoy inflation comparison? Mar10-Mar11 inflation spike is almost x3 or 300% up. Very bullish stock this...
But the gov is busy with hague petitions & mpigs busy with 2012 politicking & hague slinging bs Sad
If ocampo & constitution had failed, we would be in the same boat with Egypt...

http://www.wazua.co.ke/f...&m=152615#post152615
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  |
hisah
#7 Posted : Thursday, March 31, 2011 8:30:31 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
This fuel price control is about to experience a deer caught in headlamps moment...
CBK has to be hawkish going forward and hike CBR back above 7%. That will bite hard at their 6% GDP estimate, but they don't have a choice.
Now the June budget prep team will under serious migraines as they try to see how money will be raised with revenues down... I don't envy their position...
As it is, Money market has outperformed equities in Q1 on the long term papers. On the short term papers, inflation outperforms them i.e. they have lost like equities.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
  | | Edit by user: Thursday, March 31, 2011 8:32 AM | Reason: Not specified
mlennyma
#8 Posted : Thursday, March 31, 2011 8:49:15 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
GOD our father may decide to cool this abit by good rains because all the monkeys are crying for their already full stomach's.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
KulaRaha
#9 Posted : Thursday, March 31, 2011 8:58:09 AM
Rank: Elder

Joined: 7/26/2007
Posts: 6,514
Govt of fool for fools....

Soon the usual bunch will start blaming Raira for the economy...
Business opportunities are like buses,there's always another one coming
Back to top
  |
Cde Monomotapa
#10 Posted : Thursday, March 31, 2011 9:05:24 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
CBK has played its part with the last MPC decision. It is now up to Treasurey to cut the taxes on fuel in the 11/12 budget & KPRL to improve efficiency. The pricing formula is just fine.it is 2 of its components are variable, volatile & really out the control of anyone i.e forex rates & global oil prices.
Back to top
  |
4 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.