News Leader
WATCH: What a steady inflation rate means for SA
Citibank economist Gina Schoeman talks to Business Day TV about the CPI data for June
25 July 2019 - 09:37
Inflation has remained unchanged at 4.5% in June, at the midpoint of the Reserve Bank’s 3%-6% target range.
Some analysts believe this bolsters the case for further rate cuts, but Reserve Bank governor Lesetja Kganyago has reiterated that there are no quick fixes for this economy, adding that aggressive interest rate cuts will only result in higher inflation. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.