inflation, South Africa

South Africa inflation rises less than expected, helped by food
South Africa's inflation rate rose less than expected in November, staying just below the central bank's target range thanks to food inflation slowing to its lowest level in almost 14 years.
South Africa Inflation Quickens Slightly to 2.9% Y/y in November
JOHANNESBURG (Reuters) - South Africa's headline consumer inflation rose to 2.9% year on year in November from 2.8% in October, data from the statistics agency showed on Wednesday. In month-on-month terms inflation was at 0.0% in November, versus -0.1% in October.
South Africa Inflation Rises Slightly To 2.9%
South Africa's consumer price inflation increased marginally in November after easing to more than a 4-year low in October, figures
South African inflation expectations fall to midpoint of central bank range
South African analysts, business people and trade unions have lowered their inflation expectations through to 2026, taking them to the midpoint of the central bank's inflation target range, a quarterly survey showed on Thursday.
Iconic fast food restaurants shut down across South Africa
Famous Brands is closing underperforming outlets like Steers and Debonairs across South Africa as pressure on consumers over the year bites.
South African Inflation Expectations Decline to Three-Year Low
South African inflation expectations for the next two years fell to their lowest level since 2021, edging closer to the midpoint of the central bank’s target range and boosting the case for policymakers to continue lowering interest rates.
South African rand steady after Q3 employment, producer inflation data
The South African rand was steady against the dollar on Thursday, after the release of third quarter employment data and ...
Zawya15h
South Africa: Black Friday and festive season sales forecast to rise 6.5% in 2024
With inflation easing to 2.8% in October, its lowest level since June 2020, retailers have an opportunity to capitalise on ...
Interest rate cuts expected in 2025, but South Africans face ongoing financial strain
While interest rate cuts on the horizon for 2025 financial struggles will persist for South African consumers.
South African rand sees tailwind from local inflation and retail data
The South African rand extended gains against the dollar on Thursday, supported by subdued local consumer inflation and ...
polity1d
South African inflation inches up, leaving rate cut hopes intact
South Africa’s inflation rate crept up by less-than-expected in November, creating room for the central bank to deliver ...
businesstech.co.za1d
Best news for groceries in South Africa in 14 years
Although inflation has ticked slightly higher in South Africa, food inflation figures have hit the best level in over a ...
Bizcommunity10h
South Africa’s formal economy contracts in 3Q24 amid job losses
South Africa’s formal non-agricultural sectors lost 130,000 jobs in 3Q24, with part-time employment dropping 9.4%, but ...