INTEREST RATES
Inflation eases but Reserve Bank will still be watching the monster
SA’s latest annual CPI of 7.4% in November was down from 7.6% in October, lower than the consensus forecast of 7.5%
14 December 2022 - 10:42
UPDATED 14 December 2022 - 22:55
Consumer inflation grew slower than expected in November, raising optimism that the Reserve Bank could step back from hiking interest rates aggressively as soon as the next monetary policy committee meeting in January next year.
Headline consumer inflation eased to 7.4% year on year in November, from 7.6% in October, Stats SA data showed on Thursday...
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.