Will sticky inflation risks force the Reserve Bank’s hand?

Will sticky inflation risks force the Reserve Bank’s hand?

2021-10-21 01:12:00 AM

Will sticky inflation risks force the Reserve Bank’s hand?

September consumer inflation came in at 5% against a backdrop of rising global price pressure

Lynley DonnellyConsumer inflation drifted up to its highest level since May in September, and recorded its fifth month out of line with the 4.5% midpoint of the SA Reserve Bank’s target range.September’s increase to 5% year on year — driven by increases in fuel, food and housing and utilities, according to Stats SA — was in line with expectations. But it comes as rising energy prices and supply-chain bottlenecks stoke global inflation fears and developed market central banks make more noise about tightening monetary policy sooner rather than later. ..

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‘Catastrophic’ rise in petrol prices pushes up SA inflation | CitypressAnalysts expect South Africa’s September consumer price inflation (CPI) to accelerate to either 5% or 5.1% from the 4.9% August inflation rate. Who must we blame? Zuma, Ramaphosa, The ANC or the Pandemic? My encounter with Geoffreypreud actually change my life and for that I'll keep upgrading people for his good job thanks once again Geoffrey Lion_For_Truth We re getting closer and closed to a FAILED STATE. SHITHOLE COUNTRY Trump was right VERMIN RULE US.

Food and transport prices puts pressure on customersThe latest figures released by Stats SA show food inflation was at 6.6-percent in September, that’s above the headline inflation of 5-percent. Plus fuel costs are more likely to go up every month 🙃🙄

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