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South Africa inflation drops to lowest in over 4 years
South Africa inflation drops to lowest in over four years
South Africa's headline consumer inflation fell more than expected in October, to 2.8% year on year from 3.8% in September , statistics agency data showed on Wednesday.
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 records lowest consumer inflation rate since 2020
South African consumers have been under immense pressure over the past three years due to rising inflation. The annual inflation for food and non-alcoholic beverages dropped to 3.6 percent in October, the lowest since November 2019.
3d
on MSN
South African inflation drops more than expected in October
South Africa's headline consumer inflation fell more than expected in October, to 2.8% year on year from 3.8% in September, ...
businesstech.co.za
22h
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 ...
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, ...
3d
South African rand steady ahead of inflation, retail sales data
South Africa's rand was little changed early on Wednesday ahead of highly anticipated local inflation and retail sales data.
businesstech.co.za
1d
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.
1d
Japan's headline inflation rate slows to 2.3% in Oct, core inflation also drops to 2.3% above forecast
The annual inflation rate in Japan fell to 2.3% in October 2024 from 2.5% in the prior month, marking the lowest reading ...
3d
on MSN
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 ...
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