Retail & CPI data surprises to the upside

Good news on the data front, February's retail sales growth accelerated unexpectedly to 4.9% while economists largely expected an easing to 3% while inflation slowed to a 7-year low of 3.8% in March when February was expected to be the bottom of the inflation cycle.
Kevin Lings, Chief Economist at Stanlib joined Business Day TV to discuss what the latest retail and CPI data figures mean for the direction of the economy and whether these growth levels are sustainable.