Uptick in inflation is unlikely to ruffle Reserve Bank’s feathers

The uptick in consumer inflation in August is unlikely to unsettle the SA Reserve Bank’s monetary policy committee as it gets ready to pronounce on interest rates on Thursday.

Though annual consumer price inflation hit 4.9% in August, the fourth month it has floated above the 4.5% midpoint of the Bank’s target range, the increase — largely due to fuel prices — is broadly in line with market forecasts...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CPI breaches SA Reserve Bank inflation midpoint, but experts say rates to remain unchanged | CitypressOn Wednesday, Stats SA said South Africa’s consumer price index (CPI) in August increased to 4.9% from 4.6% in June and July. I wish I contacted earlier LindaStouffes this year I'm sharing this to encourage every beginner and Bitcoin lover to get in touch with her she is very legit and God fearing person LindaStouffes Until the whole world get to know how good and generous she's I won't stop saying this cause my life has taken another greatly shape financially, LindaStouffes Having you as my account manager makes me a champion I kept on cashing out weekly, I recommend you all to him Micheal_addy_
Source: City_Press - 🏆 7. / 72 Read more »

Dubai expects doubling of visitors as curbs easeAirports chief sees a sharp uptick coming in 2022
Source: BDliveSA - 🏆 12. / 63 Read more »

Dubai expects doubling of visitors as curbs easeAirports chief sees a sharp uptick coming in 2022 I was referred to him by a friend online and I thought is a scam ...but I was moved to try and here I earned.. just want to share this to people too. Micheal_addy_
Source: BDliveSA - 🏆 12. / 63 Read more »

Joe Biden has too much fish to fry to bother with Johnson’s fish ’n chipsUK prime minister unlikely to get the US trade deal he has talked up
Source: BDliveSA - 🏆 12. / 63 Read more »

Data breach at African Bank’s debt collector partner exposes customersPersonal data, including that of a number of African Bank loan customers under debt review, has been compromised after a cyber attack on debt collector Debt-IN, African Bank confirmed.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

SA's inflation rate up after two months of decreasingThe increase in the inflation rate mirrors the experience of consumers who have found that they are spending more than they used to.
Source: TheCitizen_News - 🏆 6. / 75 Read more »