The Reserve Bank’s bulletin for the fourth quarter of 2011 shows slow and steady growth in the SA economy but with potential to improve.

The sARB’s leading business cycle indicator fell by 0.9% in July, suggesting the second quarter’s slow pace of growth has continued into the third.

The pace of spending in the economy slowed sharply in the second quarter — partly as household consumption eased — but investment has picked up.

SA’s economic recovery is not sustainable yet and is still relying on loose monetary and expansionary fiscal policies, says deputy finance minister.

Monetary policy may remain favourable to the economy and inflation expectations are still within the central bank’s target range, says Monde Mnyande.

The South African Reserve Bank’s chief economist has said the strong rand has curbed the effects of oil and food prices on inflation.

South Africa’s key CPIX (consumer inflation less mortgage costs) is unlikely to return to within the 3% to 6% target band before 2010, a senior South African Reserve Bank…

South African inflation is expected to return to its target range in the second half of 2008, the country’s central bank said on Friday. The South African Reserve Bank’s forecast…