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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 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.
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.
9h
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
14h
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 ...
businessday
10d
Top 10 African countries with projected inflation surges in 2025
Inflation continues to challenge several African economies in 2025, with rising consumer prices impacting the cost of living, ...
7d
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 ...
Bizcommunity
13h
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 ...
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.
1d
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 ...
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