Economy / General

PPS Investment - CPI announcement

Consumer price inflation increased by 3.2% year-on-year as at the end of July 2020, which was sharply up from the 2.2% year-on-year increase from the previous month.

The Case for Economic Optimism

CPI announcement

Consumer price inflation was 2.2% year-on-year as at the end of June 2020. This was marginally up from 2.1% year-on-year the previous month. The May inflation print was the lowest in more than a decade and June was only slightly higher.

The Reserve Bank eases monetary policy again to support growth

SA Reserve Bank Governor, Lesetja Kganyago, announced this afternoon that the monetary policy committee (MPC) had decided to maintain its accommodative stance by lowering the repo rate by an additional 25 basis points (bps) to a record low of 3.50%.