South African inflation falls more than expected, sets stage for …
WEB1 day ago · Headline consumer inflation fell to 4.4% year-on-year from 4.6% in July (ZACPIY=ECI), just below the 4.5% midpoint of the South African Reserve Bank's target range where it likes to see inflation ...
South African Inflation Dips Below Target on Eve of Rates Call
WEB1 day ago · South Africa’s annual inflation rate fell below the midpoint of the central bank’s target range for the first time in more than three years, adding impetus for it to start easing.. Consumer ...
South Africa Seen Sticking to Modest Rate Cut Despite Fed Cut
WEB21 hours ago · By Ntando Thukwana. September 19, 2024 at 3:43 AM EDT. Save. The South African Reserve Bank will likely lower interest rates by 25 basis points on Thursday, despite a larger-than-expected ...
South Africa Lowers Interest Rates for First Time Since 2020
WEB16 hours ago · Save. South Africa’s central bank cut interest rates for the first time in four years and signaled a more optimistic outlook for inflation. The monetary policy committee reduced its benchmark ...
South Africa’s 5.4% Inflation Surge: Consumers ... - Forbes Africa
WEBOct 19, 2023 · Inflation in South Africa spikes to 5.4% year-on-year, intensifying economic pressures. As food and fuel prices soar, the Reserve Bank considers interest rate adjustments, potentially deepening consumer debt.
Inflation | Statistics South Africa - statssa.gov.za
WEBAug 8, 2024 · Following a two-month upswing, headline inflation softened to 5,3% in March from 5,6% in February. The rate has held its ground between 5% and 6% since September 2023. The monthly change in the consumer price index (CPI) was 0,8% in March. This is lower than the 1,0% increase in February.
South Africa's October inflation rises near top of central bank …
WEBNov 22, 2023 · South African inflation quickened more than expected in October, approaching the upper end of the central bank's preferred range driven by steep rises in food, transport and health costs.
South Africa's inflation uptick makes case for delayed rate cuts
WEBMar 20, 2024 · South Africa's consumer inflation ticked up for the second month in a row in February, moving closer to the central bank's upper target, which economists say …
Consumer inflation retreats to 5,4% | Statistics South Africa
WEBJul 19, 2023 · Annual headline inflation cooled to 5,4% in June from 6,3% in May, sinking below the upper limit of the South African Reserve Bank’s monetary policy target range. The last time inflation was below 6% was in April 2022.
South African inflation drops, rate cuts now expected in September
WEBJOHANNESBURG, July 24 (Reuters) – South African inflation slowed in June, statistics agency data showed on Wednesday, clearing the path for the central bank to cut rates at its next meeting,...
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