eNCA
JOHANNESBURG – South Africa’s latest consumer price inflation figures are set to be released this week. Investec has forecast inflation will rise slightly to 2.9 percent in May, up from 2.8 percent in April. While this marks a marginal increase, the rate remains well below the South African Reserve Bank’s target midpoint of 4.5 percent.
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Consumer inflation data due this week
eNCA
23:27
JOHANNESBURG – South Africa’s latest consumer price inflation figures are set to be released this week. Investec has forecast inflation will rise slightly to 2.9 percent in May, up from 2.8 percent in April. While this marks a marginal increase, the rate remains well below the South African Reserve Bank’s target midpoint of 4.5 percent.
