Economy

Economy
South Africa’s Inflation Tick-Up Unlikely to Deter SARB from Possible Rate Cut
ByLelethu Kotelana July 23, 2025July 23, 2025
South Africa’s consumer inflation edged up to 3.0% in June, from 2.8% in May, driven largely by rising food prices. Despite this slight acceleration, analysts say the figure remains comfortably within the South African Reserve Bank’s (SARB) 3–6% target range, leaving room for a potential interest rate cut at the upcoming Monetary Policy Committee (MPC)…
Read More South Africa’s Inflation Tick-Up Unlikely to Deter SARB from Possible Rate Cut
Economy
South Africa’s Inflation Rises to 3% in June as Food Prices Climb
ByLelethu Kotelana July 23, 2025July 23, 2025
South Africa’s annual consumer inflation rose to 3.0% in June, up from 2.8% in May, according to the latest data from Statistics South Africa (Stats SA). The increase was largely driven by higher food prices, particularly in meat, vegetables, and fruit, which have seen sharp cost increases due to seasonal supply constraints and weather disruptions….
Read More South Africa’s Inflation Rises to 3% in June as Food Prices Climb