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Inflation has accelerated to a 30-month high, rising to 5.2% in May on an annual basis.
This puts it above the midpoint of the Reserve Bank’s 3%-6% target band, which is prompting some analysts to believe that the Bank could hike interest rates sooner than expected.
Business Day TV’s Alishia Seckam spoke to PwC economist Christie Viljoen.
PwC economist Christie Viljoen talks to Business Day TV about the latest inflation data
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.