Consumer inflation falls below the target midpoint
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GUEST – Patrick Kelly, Chief Director for Price Statistics at STATS SA
Consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July.
This should seal the deal for an interest rate cut on Thursday.
Consumer inflation has dipped below the SA Reserve Bank's key target of 4.5%, cooling to 4.4% in August from 4.6% in July.
This should seal the deal for an interest rate cut on Thursday.