Africa, inflation

South African rand slips, inflation fall drives bigger rate cut optimism
South Africa's rand slipped on Wednesday against a buoyant dollar, despite inflation dropping to its lowest level in more than four years, and as investors geared up for a policy announcement by the central bank on Thursday.
South Africa’s food price inflation hits lowest level in over five years
South Africa’s consumer food price inflation decelerated significantly to 2.8% in October, the lowest level recorded in more than five years, signalling a possible respite for households burdened by rising costs.
South Africa Inflation Rate Declines
The South African Reserve Bank is scheduled to meet on Thursday and could adjust interest rates. October inflation declined from 3.8 percent in the previous month, primarily because of falling fuel prices according to the national statistics agency. "Petrol and diesel prices declined by 5.3 percent between September and October," said Stats SA.
South African rand steady ahead of inflation, retail sales data
South Africa's rand was little changed early on Wednesday ahead of highly anticipated local inflation and retail sales data.
South Africa Central Bank to Stave Off Big Rate Cut on Trump Worries
South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest quarter percentage point, as new risks to its outlook emerge.
Inflation plunges more than expected in South Africa
Independent economist Elize Kruger said fuel and food price developments play a greater role in October, which is considered a low survey month. South Africa’s government-regulated petrol and diesel prices fell by more than R1/ l in October.
South Africa Inflation Eases To 2.8%, Lowest Since June 2020
South Africa's consumer price inflation eased further in October to the lowest level in more than four years amid cheaper
South Africa Inflation Drops to Lowest in Over Four Years
JOHANNESBURG (Reuters) -South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday, buttressing expectations for ...
South Africa’s Cagey Central Bank to Cut Rates Sparingly in 2025
South African Reserve Bank Governor Lesetja Kganyago’s repeated emphasis of uncertainty is expected to translate, at most, into only a handful of additional interest-rate cuts next year.
South African Reserve Bank cuts repo rate: a promising shift towards lower inflation ahead
For now, the inflation and interest rate outlook are the brightest they have been for years, testimony to the SA Reserve Bank’s relentless focus on inflation. That is something to raise a glass to.
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Big pay increases expected in South Africa
This will ensure that earnings beat inflation, meaning that South Africans should get richer. In Q4, 65% of respondents ...
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South African central bank plays it safe with 25 bps cut
Kganyago said rand weakness in the wake of Donald Trump's U.S. election victory showed how rapidly changes in the global ...