South Africa inflation rises less than expected

South Africa inflation ticks up but rate cut still seen next week
South Africa's headline consumer inflation rose to 3.0% year on year in December from 2.9% in November , data from the statistics agency showed on Wednesday.
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.
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.
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 is murkier.
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 and a pension reform that allowed fund members to make partial withdrawals before retirement.
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.
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
Electricity price failure in South Africa
South Africa’s above-inflation electricity tariff hikes since 2008 have driven inflation and pushed interest rates higher, ...
South Africa’s Top Central Banker Says Trump Risks Easing Cycle
South African central bank Governor Lesetja Kganyago warned that US protectionist policies are potentially inflationary and ...
businesstech.co.za4d
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 ...
Bizcommunity3d
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 ...
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 ...
The Citizen4d
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.za4d
South African city crumbling, and state bank clients left hanging
Here is what is happening in and affecting South Africa today: ...