South Africa Inflation Rate Declines
The South African Reserve Bank is scheduled to meet on Thursday and could adjust interest rates. October inflation declined from 3.8 percent in the previous month, primarily because of falling fuel prices according to the national statistics agency. "Petrol and diesel prices declined by 5.3 percent between September and October," said Stats SA.
This will ensure that earnings beat inflation, meaning that South Africans should get richer. In Q4, 65% of respondents ...
South African Reserve Bank Governor Lesetja Kganyago said a review of its 3% to 6% inflation target was getting close to the ...
Reuters on MSN3d
South African central bank plays it safe with 25 bps cutKganyago said rand weakness in the wake of Donald Trump's U.S. election victory showed how rapidly changes in the global ...
Economists have warned South Africans to expect a slow rate-cutting cycle – which may come to an end sooner than they think.
South African Reserve Bank Governor Lesetja Kganyago’s repeated emphasis of uncertainty is expected to translate, at most, ...
South Africa's rand slipped on Wednesday against a buoyant dollar, despite inflation dropping to its lowest level in more ...
Despite inflation coming down in October – the price of tea and coffee continues to climb, and the outlook is not rosy.
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