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Domestic financial markets ended the week mixed, with the currency easing slightly, but equities ending the week on a stronger note.
Commenting on the CPIX figures released yesterday, Martin Jankelowitz, head of market and economic research at Investment Solutions said: "It continues to amaze how consenus has been so slow to acknowledge the disinflationary trends in the SA economy.
We have to confess, according to the inflation data released today and yesterday another interest rate cut may be accommodated, says Nico Kelder, economist at the Efficient Group.
The rand was strong last week, following confirmation of news that a foreign bank was considering buying a stake in a local bank.