south africa inflation news

South Africa, Inflation

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 producer inflation figures. At 1506 GMT, the rand traded at 17.7225 against the U.

U.S. News & World Report · 1d

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.

Business Insider · 1d

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

Hosted on MSN · 19h

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 upbeat retail sales data the day before. At 0742 GMT, the rand traded at 17.66 against the U.

Fed, inflation

The Citizen · 1d

Inflation stays low but expected to increase over coming months

Although South Africa’s inflation rate ticked higher in November to 2.9% — but remains near pandemic-era lows — economists expect that it will increase over the coming month

ABC · 11h

Fed expected to cut interest rates despite rising inflation. Here's why

Price increases are rising again, just when the Federal Reserve had appeared close to declaring "mission accomplished" in its yearslong fight to lower them. In theory, the trend would prompt the Fed to raise rates,

The Boston Globe · 2d

US inflation likely edged up last month, though not enough to deter another Fed rate cut

Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago.

20h

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 ...

12hon MSN

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.

Zawya33m

South Africa's formal economy contracts in 3Q24 amid job losses

The formal non-agricultural sectors of the economy lost about 130,000 jobs in the third quarter of 2024, a 1.2% drop compared to the previous quarter, according to the latest Quarterly Employment ...

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 ...

Zawya20h

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 ...

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