Some relief for consumers as South Africa's headline inflation slows to a 20-month low. Read more:
SA’s headline inflation slowed to its lowest reading in 20 months, falling to within the Reserve Bank 3-6% target range. This further supports the view that the Bank might keep the repo rate steady at Thursday’s monetary policy committee rate announcement.
Stats SA on Wednesday said the country’s consumer price index fell to 5.4% from 6.3% in May. The reading is below the Thomson Reuters consensus of 5.6%...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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