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inflation, South Africa
South Africa inflation ticks up but rate cut still seen next week
South Africa's inflation rate rose for the second month in a row in December but by less than expected, with analysts saying the central bank was still likely to deliver another interest rate cut next week.
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.
Inflation rises slightly to 3% in December 2024: What it means for SA
South Africa’s annual consumer price inflation ( CPI) rose to 3.0% in December 2024, up from 2.9% in November, according to the lastest report from Statistics South Africa (Stats SA).
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: January Rate Cut Likely As South Africa Inflation Slows
South Africa's inflation rose to 3% in December 2024 from 2.9% in November, falling short of the 3.2% expected by economists, according to Statistics South Africa. The slower-than-anticipated increase strengthens expectations of a 25 basis-point interest rate cut at the South African Reserve Bank's monetary policy meeting on January 30.
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.
South African rand stable ahead of inflation, retail sales data
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
South Africa Inflation Climbs For Second Month, Retail Sales Growth Improves
South Africa's consumer price inflation accelerated for a second straight month in December and retail sales growth improved again in
businesstech.co.za
9h
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 ...
2d
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 ...
The Citizen
2d
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.
businesstech.co.za
2d
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 ...
Bizcommunity
1d
Inflation is down, but construction industry must still play safe
Low consumer inflation may generally signal a less challenging environment for cost containment, but the construction sector ...
EWN Sport
2d
Consumer Price Inflation edged higher in Dec to 3%, reveals Stats SA
Statistics South Africa (Stats SA) released the latest figures on Wednesday morning, including the average inflation for last ...
3d
on MSN
Trump Tariffs Pose Inflation Risk, South Africa’s Kganyago Says
South African central bank Governor Lesetja Kganyago warned that US protectionist policies are potentially inflationary and ...
businesstech.co.za
2d
South African city crumbling, and state bank clients left hanging
Here is what is happening in and affecting South Africa today: ...
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