Economy

PPS: CPI for October 2024

Annual consumer price inflation was 2.8% in October 2024 beating market expectation of 3.0%, down from 3.8% in September 2024.

The true cost of borrowing: South Africans are losing their homes due to high interest rates

Unethical and unjustifiable – that's how Renier Kriek, Managing Director of disruptive home financier Sentinel Homes, describes the Reserve Bank's hesitation to take decisive action in reducing the interest rate “This is in spite of CPI inflation having dropped to 3.8 percent at the last publication - well below the SARB’s midpoint target of the range between 3 and 6 percent,” he says.

Record low inflation: The case for a bold rate cut in South Africa's monetary policy

As anticipation builds for the release of October's Consumer Price Index (CPI) inflation data and the upcoming MPC, the economic landscape is marked by a noteworthy trend of declining inflation throughout the year.

Medium-term budget - A cold shower of reality