As Inflation Climbs, South Africa’s Economic Outlook Hangs in the Balance
Investec said annual inflation could top 5% by year-end as higher fuel costs and strained household budgets raise the risk of more rate hikes.
4 Articles
4 Articles
Inflation in South Africa is expected to average 4.4 per cent in 2026 and only return to the 3 per cent target set by the central bank in 2028, said on Thursday 15 October the governor of the Reserve Bank of South Africa (SARB), Lesetja Kganyago. According to the governor, the prospects remain exposed to inflation.
Reserve Bank governor Lesetja Kganyago sees upside risks to inflation
Rising global energy prices and food costs continue to pose upside risks to inflation in South Africa, the central bank head said on Thursday, with consumer prices expected to return to the 3% target only in 2028. Speaking in an interview on the sidelines of the International Monetary Fund and World Bank annual meetings in Bangkok, Governor Lesetja Kganyago said inflation is expected to average 4.4% this year before easing to within the central …
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
