Economy / General

Supercore inflation: What is it and could it impact the SARB’s rate decisions?

Why the Reserve Bank is poised for a rate cut in September

As the South African Reserve Bank’s Monetary Policy Committee (MPC) gears up for its meeting on 19 September, expectations are mounting for an interest rate cut.

Next Week’s CPI figures could pave the way for interest rate reductions

Next week’s Consumer Price Index (CPI) announcement by StatsSA will provide a crucial update on South Africa’s inflation trajectory.

Agriculture reverses course and dips by 2.1% in Q2 of 2024 following a strong Q1 outcome

Following a surprise robust quarterly growth of 13.5% in Q1, agriculture reversed course as widely expected and fell by 2.1% q/q in Q2 of 2024 with a -0.1-percentage point contribution to overall GDP. South Africa’s GDP was still pedestrian after clocking 0.4% in Q2 from a revised flat growth in Q1.