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South Africa Inflation Slows on Easing Food Prices.
In: Bloomberg.com, 2024-05-22, S. N.PAG
Online
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Zugriff:
South Africa's inflation rate decreased for the second consecutive month due to a decline in food prices. In April, consumer prices rose by 5.2% compared to the previous year, slightly lower than the 5.3% in the previous month. However, this data is unlikely to lead to a change in the benchmark interest rate, which has remained at 8.25% since May 2023. The central bank has emphasized that it will only adjust policy once inflation reaches the midpoint of its target range of 3% to 6%. [Extracted from the article]
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South Africa Inflation Slows on Easing Food Prices.
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Autor/in / Beteiligte Person: | Thukwana, Ntando |
Zeitschrift: | Bloomberg.com, 2024-05-22, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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