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South African Inflation at 4-Year Low Before Rate Decision
South Africa Cuts Main Repo Rate to 7.75%
The South African Reserve Bank cut its main repo rate by 25 basis points to 7.75% as inflation continues to ease and said it continued to see a growth recovery taking hold.
South Africa Inflation Rate Declines
The South African Reserve Bank is scheduled to meet on Thursday and could adjust interest rates. October inflation declined from 3.8 percent in the previous month, primarily because of falling fuel prices according to the national statistics agency. "Petrol and diesel prices declined by 5.3 percent between September and October," said Stats SA.
South African rand slips, inflation fall drives bigger rate cut optimism
South Africa's rand slipped on Wednesday against a buoyant dollar, despite inflation dropping to its lowest level in more than four years, and as investors geared up for a policy announcement by the central bank on Thursday.
South African Inflation at Four-Year Low Before Rate Decision
South Africa’s inflation rate declined to a more than four-year low, heralding another reduction in borrowing costs on Thursday.
2d
on MSN
South Africa Central Bank to Stave Off Big Rate Cut on Trump Worries
South Africa’s reserve bank is set to look past a sharp slowdown in inflation and only cut interests rates by a modest ...
businesstech.co.za
8h
Major pain for coffee and tea lovers in South Africa
Despite inflation coming down in October – the price of tea and coffee continues to climb, and the outlook is not rosy.
2d
on MSN
South Africa’s food price inflation hits lowest level in over five years
South Africa’s consumer food price inflation decelerated significantly to 2.8% in October, the lowest level recorded in more ...
1d
South Africa’s Cagey Central Bank to Cut Rates Sparingly in 2025
South African Reserve Bank Governor Lesetja Kganyago’s repeated emphasis of uncertainty is expected to translate, at most, ...
businesstech.co.za
6h
Big pay increases expected in South Africa
This will ensure that earnings beat inflation, meaning that South Africans should get richer. In Q4, 65% of respondents ...
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