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bureau of labour statisticslatest news & developments
Economists widely expect the South African Reserve Bank’s monetary policy committee to once again hold the interest rate at 8.25% when it concludes its meeting on Thursday.
BUREAU OF LABOUR STATISTICS

Inflation again a hair’s breadth away from Reserve Bank’s upper limit

Consumer price inflation increased to 5.9% in March, up from 5.7% in February

  • Sarah Smit
2 min read
Since it became clear that the country had moved past the worst of the cost-of-living crisis, the question has been, “When will things get better?” (Waldo Swiegers/Bloomberg via Getty Images)
BUREAU OF LABOUR STATISTICS

SA inflation eases slightly in January

The slowdown was helped by lower fuel prices. But this relief was temporary, as February saw another petrol hike

  • Sarah Smit
2 min read
The Reserve Bank has maintained the repo — at which it lends to commercial banks — steady at 8.25% for five consecutive meetings, since hiking it by 50 basis points in May 2023.
ANNABEL BISHOP

South African inflation unchanged as some economists expect repo rate lift-off

Global inflation has surprised on the upside, which may factor into whether the Reserve Bank’s monetary policy committee decides to raise the interest rate on Thursday

  • Sarah Smit
4 min read