Inflation outlook promising ahead of MPC meeting: Reserve Bank
1 day ago · The South African Reserve Bank (SARB) Deputy Governor Dr. Mampho Modise says the inflation outlook is promising, in the build-up to the bank’s Monetary Policy Committee (MPC) meeting next month. She addressed a public lecture at the North West University in Potchefstroom yesterday. The inflation ...
South Africa could lower inflation target at little cost, c.bank ...
6 days ago · JOHANNESBURG, Oct 17 (Reuters) - South Africa's central bank governor, Lesetja Kganyago, said on Thursday that the country could move to a lower inflation target at little cost. Kganyago is a ...
SA Reserve Bank Governor Kganyago brings clarity to the costs of ...
2 days ago · Getting to 4.5% inflation in South Africa – the Reserve Bank’s (Sarb’s) de facto target which is in the middle of its mandated 3% to 6% target range – has come at virtually no cost.
Inflation | Statistics South Africa - statssa.gov.za
Sep 18, 2024 · Inflation dips below 4,5%. Consumer inflation slowed for a third consecutive month, cooling to 4,4% in August from 4,6% in July. This is the lowest inflation print since April 2021 when the rate was also 4,4%. Lower annual rates were recorded for several product groups, most notably transport, housing, and restaurants & hotels.
South Africa's inflation uptick makes case for delayed rate cuts
JOHANNESBURG, March 20 (Reuters) - 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 …
South Africa’s 5.4% Inflation Surge: Consumers ... - Forbes Africa
Oct 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. Dawie Roodt, renowned economist, breaks down the challenges and offers insights into the nation’s economic trajectory.
South African Inflation Quickens for First Time in Three Months
Feb 21, 2024 · South Africa’s inflation rate rose for the first time in three months in January on the back of higher fuel and food prices. Consumer prices climbed 5.3% from a year earlier, compared with...
South Africa's October inflation rises near top of central bank …
Nov 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...
South Africa Inflation Hits Five-Month High Before Rate Decision ...
Nov 22, 2023 · The consumer price index rose 5.9%, compared with 5.4% in September, Pretoria-based Statistics South Africa said Wednesday in a statement on its website. That exceeded the median estimate of...
South Africa Inflation Rate - TRADING ECONOMICS
South Africa’s annual inflation rate eased for the third month to 4.4% in August 2024, down from 4.6% in the prior month and below the expected 4.5%. This marks the lowest inflation rate since April 2021, falling just below the South African Reserve Bank's preferred midpoint target of 4.5%.