Statement on the Cabinet Meeting of 18 October 2023 | South African Government gov.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gov.za Daily Mail and Mail on Sunday newspapers.
“A sharp moderation in consumer price inflation - in part the result of more favourable exchange rate dynamics - will strengthen household spending. That said, growth in private consumption will be capped by fiscal consolidation”, it added.