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Inflation expectations rise before South Africa rate decision
South Africa’s two-year inflation expectations climbed,complicating the central bank’s efforts to anchor expectations around its 3% target. Average inflation expectations two years ahead, the measure the central bank closely watches when setting interest rates, rose to 3.9% in the second quarter from 3.6% previously, according to a survey published by the Stellenbosch-based Bureau for Economic Research on Tuesday.
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businessday.co.za
ECONOMIC WEEK AHEAD | Inflation expectations to provide guidance on next rate call
Oil price swings and global tensions cloud South Africa's inflation forecasts
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engineeringnews.co.za
Inflation expectations rise before South Africa rate decision
South Africa’s two-year inflation expectations climbed,complicating the central bank’s efforts to anchor expectations around its 3% target. Average inflation expectations two…
