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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.
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 after inflation, retail sales data
South Africa's rand was stable on Wednesday, after data showing domestic inflation rose less than expected last month and November retail sales jumped. At 1502 GMT, the rand traded at 18.50 against the U.
Another rate cut likely on muted South African inflation
Inflation came in lower than expected for December, with another interest rate cut next week now seen as likely.
Rand Drop Won’t Derail South African Inflation Plans, Policymaker Says
A policymaker at South Africa’s central bank downplayed the potential impact of the rand’s recent weakness on inflation, in remarks ahead of its rate-setting meeting later this month.
South African rand stable ahead of inflation, retail sales data
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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
6h
Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...
Bizcommunity
11h
Food inflation remains at record low despite slight uptick to 1.7% in December 2024
South Africa's inflation rose slightly to 3% in December 2024, ending the year at a six-year low of 4.4%. This positive trend ...
The Citizen
1d
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
1d
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
10h
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 ...
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