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The South African Reserve Bank could lower its inflation target as soon as its policy meeting at the end of this month, ...
South Africa's finance minister said work towards a lower inflation target was advancing but that it should not be rushed, ...
According to Citigroup, the South African Reserve Bank could lower its inflation target as soon as its policy meeting.
“We recently wrote that the Sarb would likely drop the inflation target in the third quarter” to 3% – with a possible 1% plus ...
A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, ...
South African analysts, business people and trade unions lowered their inflation expectations in the latest survey published ...
Ramaphosa emphasised that South Africa is showing signs of economic recovery following a challenging period. The improvement ...
The central bank currently aims to anchor inflation expectations at the midpoint of its 3-6% target, but this range is now under formal review. With May’s inflation reading at 2.8%, Reserve Bank ...
Exports were led by fresh fish (40% of SA exports) and molluscs like cuttlefish and abalone (30%), with key markets including Spain (25.5%), Italy (18.2%), and the US (9%). The US dominates fresh ...
The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for ...