Can the SA Reserve Bank reverse its course? dfa.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dfa.co.za Daily Mail and Mail on Sunday newspapers.
South Africa: SA s Annual Factory Gate Prices Slow Significantly in June in Latest Sign Inflation Being Brought to Heel allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
South Africa’s Producer Price Index slowed significantly to 4.8% in the year to June its slowest read since February 2021 from 7.3% in May. Price pressures remain, but they are clearly abating, providing the South African Reserve Bank with space to hold rates steady.
Though central banks are under fire for potentially overtightening, SA Reserve Bank Governor Lesetja Kganyago told an international audience that humility
Though central banks are under fire for potentially overtightening, SA Reserve Bank Governor Lesetja Kganyago told an international audience that humility surrounding assessing inflation forces and comfort with the prospect of a mild recession were advisable in an environment where inflation dy.