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.
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.
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.
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.
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 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.
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 remarks ahead of its rate-setting meeting later this month.
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 continue.
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.
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.
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Inflation is down, but construction industry must still play safe
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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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South African city crumbling, and state bank clients left hanging
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