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South Africa's annual inflation rate fell for the first time in five months in March to its lowest level since June 2020, due ...
Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March.
Chief director for price statistics, Patrick Kelly, said the drop was mostly thanks to lower fuel prices during the period ...
Johannesburg: South Africa's annual inflation rate has decreased for the first time in five months, dropping to 2.7 percent in March from 3.2 percent in February, according to data released by ...
Keeping South Africa’s inflation target at the current range will be costly for the government ... 3% would be in line with South Africa’s peers and lead to lower interest rates in the ...
and South Africa having a more supportive environment, Els said there is room for more rate cuts locally. Inflation risks for South Africa have shifted to the downside, supported by stable ...
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