Wednesday, June 11, 2008
In SA, its all about eye watering inflation
Like Australian articles, the South African press has still not been infected completely with "Newspeak". They still call a stinking dead woodchuck under the porch a stinking dead woodchuck. "Johannesburg - Nominal house price growth of between 5% and 6% is projected for 2008, resulting in a price decline of around 4.5% this year, according to the country's biggest mortgage lender Absa. This is taking headline consumer price inflation projections into account, it says."