NEWS ANALYSIS: SA inflation is not poised to spike despite global jitters
The spectre of rising inflation has been sending fear through global markets in recent weeks. How worried should SA be?
In a world awash in monetary stimulus, rising commodity prices and vaccine programmes set to reopen economies, unleashing pent-up demand, worry is growing that the globe is primed for an inflation spike.
For SA’s Covid-battered consumers, even the distant phantom of higher prices, and what this means for interest rates, feels like more bad news. But how immediate is the threat? ..