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: Reserve Bank likely to cut rates by 25 bps say economists
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final 25 basis point cut of the cycle to the third quarter, a Reuters poll forecast on Thursday, 23 January 2025.
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.
South African rand stable after inflation, retail sales data
South Africa's rand was stable on Wednesday, after data showing domestic inflation rose less than expected last month and November retail sales jumped.At 1502 GMT, the rand traded at 18.50 against the U.
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 is murkier.
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
Rand Drop Won’t Derail South African Inflation Plans, Policymaker Says
A policymaker at South Africa’s central bank downplayed the potential impact of the rand’s recent weakness on inflation, in ...
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South Africa must focus on local factors to strengthen economy – Citadel
South Africa must focus on fundamental local factors it can control to strengthen the economy and the Government of National Unity must act on the systemic issues in the economy, says investment firm ...
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Triple-blow price hikes for South Africa
Auditing and consultation firm PwC has warned South African households to expect a trifecta of price increases this year, ...
Bizcommunity1d
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 ...
The Citizen2d
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.
Trump Tariffs Pose Inflation Risk, South Africa’s Kganyago Says
South African central bank Governor Lesetja Kganyago warned that US protectionist policies are potentially inflationary and ...
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South African city crumbling, and state bank clients left hanging
Here is what is happening in and affecting South Africa today: ...