South Africa’s inflation jumps to 5.4% in Sep
Beyond 4.5% midpoint of target range
The South African Reserve Bank (SARB) monetary policy committee prefers to anchor inflation expectations close to the 4.5% midpoint of its 3%-6% target range.
Consumer price inflation (CPI) in South Africa increased to 5.4% in September from 4.8% in August, according to Stats SA. Similarly, data released by the Namibia Statistics Agency
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