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RSS FeedsInflation rises slightly in August and likely to stay up in short term
(WorldNews Business)

 
 

19 september 2019 09:14:15

 
Inflation rises slightly in August and likely to stay up in short term
(WorldNews Business)
 


JOHANNESBURG - Inflation ticked up slightly in August and is likely to remain elevated in the short term, as Saudi Arabia says crude oil output could be restored at the end of the month. However, economists expect inflation to remain within the 4.5 percent year-on-year midpoint target range of the SA Reserve Bank (Sarb). The central bank will announce its decision on the repurchase rate today. Data from Statistics South Africa yesterday showed that headline consumer...


 
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