ECONOMIC WEEK AHEAD: Inflation rate expected to hold steady, or even slow

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ECONOMIC WEEK AHEAD: Inflation rate expected to hold steady, or even slow
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Investec predicts December’s rate will remain at 7.2%, while FNB is more optimistic at 6.8%

The focus this week will be on the consumer price index and retail sales, both due on Wednesday.

The annual inflation rate was 7.2% in December, in line with market expectations and down from 7.4% in November. At 7.2% the reading is still above the upper limit of the SA Reserve Bank’s target range of 3%-6%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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