WATCH: Consumer inflation eases thanks mainly to lower transport costs
Business Day TV speaks to with Annabel Bishop, chief economist at Investec
23 October 2024 - 19:27
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The downside in consumer price inflation will partly be contained by food prices, which have started picking up. File photo: DEON RAATH/RAPPORT/GALLO IMAGES
Consumer inflation slowed to an annual rate of 3.8% in September, marking the fourth consecutive month of declines, thanks to softer transport costs. Business Day TV spoke to Annabel Bishop, chief economist at Investec, about the data and whether easing price pressures give the Reserve Bank’s monetary policy committee further scope to reduce the policy rate at its November meeting.
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: Consumer inflation eases thanks mainly to lower transport costs
Business Day TV speaks to with Annabel Bishop, chief economist at Investec
Consumer inflation slowed to an annual rate of 3.8% in September, marking the fourth consecutive month of declines, thanks to softer transport costs. Business Day TV spoke to Annabel Bishop, chief economist at Investec, about the data and whether easing price pressures give the Reserve Bank’s monetary policy committee further scope to reduce the policy rate at its November meeting.
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