Ridle Marcus
latest news & developmentsSA 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…