South Africa, Inflation

South Africa inflation ticks up but rate cut still seen next week
South Africa's headline consumer inflation rose to 3.0% year on year in December from 2.9% in November , data from the statistics agency showed on Wednesday.
January Rate Cut Likely As South Africa Inflation Slows
South Africa's inflation rose to 3% in December 2024 from 2.9% in November The slower-than-anticipated increase strengthens expectations of a 25 basis-point interest rate cut The central bank has already reduced the key repo rate by 50 basis points since September.
Inflation eases to 4.4% in South Africa, marking the lowest rate since 2020
StatsSA has reported that the average inflation rate for 2024 has dropped to 4.4%, the lowest level since 2020.
South Africa inflation rises less than expected in December
South Africa's headline consumer inflation rose less than expected in December, to 3.0% year on year from 2.9% in November, data from the statistics agency showed on Wednesday. In month-on-month terms inflation was at 0.
South Africa 2024 Inflation Lowest In Four Years
South Africa's annual inflation rate for 2024 dropped to 4.4 percent, the lowest level since 2020, the national statistics bureau announced Wednesday.
Another rate cut likely on muted South African inflation
Inflation came in lower than expected for December, with another interest rate cut next week now seen as likely.
South Africa's November retail sales jump as consumer outlook improves
South African retail sales jumped in November as consumers benefited from last year's interest rate cuts, declining inflation and a pension reform that allowed fund members to make partial withdrawals before retirement.
South Africa Inflation Climbs For Second Month, Retail Sales Growth Improves
South Africa's consumer price inflation accelerated for a second straight month in December and retail sales growth improved again in
South African growth outlook has improved but inflation risks abound, central bank says at Davos
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its ...
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Good news for homeowners in South Africa next week
Economists are expecting the South African Reserve Bank to cut interest rates again next week – but the outlook beyond that ...
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Inflation is down, but construction industry must still play safe
Low consumer inflation may generally signal a less challenging environment for cost containment, but the construction sector ...
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SA inflation rate remains favourable despite fuel price hikes
Economists say South Africa’s inflation rate remains favourable despite fuel price increases over the past few months.
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Prices are up in South Africa – with a warning of more to come
The latest data from Stats SA showed that inflation ticked up in December 2024—and consumers should expect the trend to ...