WATCH: Could higher inflation prompt the Bank to hike rates?
PwC economist Christie Viljoen talks to Business Day TV about the latest inflation data
24 June 2021 - 08:19
byBusiness Day TV
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
News Leader
WATCH: Could higher inflation prompt the Bank to hike rates?
PwC economist Christie Viljoen talks to Business Day TV about the latest inflation data
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
Or listen to the full audio:
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Reserve Bank unlikely to raise rates despite CPI hitting 30-month high
JSE could benefit from positive global sentiment amid local third-wave threat
JSE firms as US Fed chair’s testimony lifts markets
ECONOMIC WEEK AHEAD: Accelerating consumer and producer inflation in focus
JSE faces slumping Asian markets on Monday as rand steadies
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.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.