Caution tarnishes the silver lining
Despite signs of economic growth, inflation and energy fears have put a damper on South Africa's economic forecasts.
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December consumer price index remains steady
South Africa's consumer price index, which was expected to have increased, has remained steady at 6.1% year-on-year in December.
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SA's December inflation expected to rise
As Stats SA is due to release December's consumer price index this week, economists suggest consumer inflation is likely to have risen to 6.2%.
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Spending on food and health drops
South Africans are spending less on food and health care compared to the last two years, said debit and credit card distributor Sureswipe on Friday.
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Government in the CPI basket
Inflation figures came in higher than expected as businesses -- and consumers -- face a potential spate of government-controlled price increases.
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Inflation expected to speed up by the end of the year
Inflation will slip out of the SA Reserve Bank's target band by the end of 2011 but will leave the repo rate unaffected, economists predict.
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Chinese survey shows inflation expectations rising
Inflation expectations among urban Chinese rose in the third quarter and most think consumer prices unacceptably high, a central bank survey showed.
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CPI hits highest level in June
South Africa's targeted consumer inflation quickened to its highest level in 15 months in June, but it was not in line with market expectations.
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SA monetary policy could remain 'favourable'
Monetary policy may remain favourable to the economy and inflation expectations are still within the central bank's target range, says Monde Mnyande.
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Consumer price index for May up at 4.6%
The increase in SA's consumer price index was 4.6% year on year in May from 4.2% year on year in April, Statistics SA has said.
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