Supercore inflation? SARB takes its measures to the next level

The Reserve Bank published the Monetary Policy Review this week and it gives interesting information about the inflation measures they take into account. When they make policy they must know whether the inflation is a temporary shock, or whether there is sustained inflationary pressure. In the demand-side-supply-side debate, they need to know what part of the inflation we see is caused by excess demand. This episode is supported by the NWU Business School.