Investec Group
latest news & developmentsNovember PPI slows to 9,1%
South Africa’s producer price inflation (PPI) slowed to 9,1% year-on-year in November, below forecasts, from a 9,5% rise in October. On a monthly basis, PPI rose by 0,3% after a…
SA inflation jumps, backs rate rise
South African consumer inflation raced further away from the central bank’s band in November, backing the case for another interest rate rise, despite a slowdown in retail sales.…
‘Ugly’ CPIX strengthens case for rate hike
South Africa’s targeted CPIX inflation rate quickened to 7,9% year-on-year in November from 7,3% in October, official data showed on Wednesday. Statistics South Africa also said…
Inflation ‘starting to behave itself’
South Africa’s targeted CPIX inflation rate slowed to 6,3% in the year to August from 6,5% in July, data showed on Wednesday, slightly above forecasts. Statistics South Africa…