Expected Inflation Rate South Africa 2024. South africa's central bank governor lesetja kganyago told reuters on wednesday that inflation was expected to average 5% this year and around 4.5% in 2025. The 2022 average figure was 6.9%.
Looking at the details of the release,. Inflation eases for a second consecutive month.
South Africa’s Economic Growth Outlook For 2024, At 1.0% Y/Y, Is Stronger Than 2023’S Likely 0.5% Y/Y Outcome, With 2024 Expected To See The Start Of An Interest Rate Cutting Cycle, As Well As Lower Inflation On Average, And.
The 2022 average figure was 6.9%.
These Numbers Are Expected To.
The laspeyres formula is generally used.
Expected Inflation Rate South Africa 2024 Images References :
The Average Inflation Rate For The Year Was 6,0%, Lower Than 2022’S 6,9%.
South africa's central bank suggests there might be no rate cuts at all this year as the pace of disinflation is moving more slowly than anticipated.
The Rate Has Held Its Ground Between 5% And 6% Since.
South africa’s consumer inflation fell slightly more than expected in march, but analysts said the central bank was unlikely to start cutting interest rates for some.