Analysts expect continued easing of inflation
Some good news as analysts expect the continued easing of inflation.
But the Consumer Price Inflation remains elevated in the context of
the Reserve Bank's target range of between 3% to 6%.
The reading for April at 5.2% represents the second consecutive
decline in CPI, which has gradually come down from record highs that
prompted the aggressive interest rate hiking cycle.
Business producer Amanda Masondo reports on what economists have said,
including that a rate cut can only be expected later this year.
Tune into Newzroom Afrika DStv channel 405 for more.
Видео Analysts expect continued easing of inflation канала Newzroom Afrika
But the Consumer Price Inflation remains elevated in the context of
the Reserve Bank's target range of between 3% to 6%.
The reading for April at 5.2% represents the second consecutive
decline in CPI, which has gradually come down from record highs that
prompted the aggressive interest rate hiking cycle.
Business producer Amanda Masondo reports on what economists have said,
including that a rate cut can only be expected later this year.
Tune into Newzroom Afrika DStv channel 405 for more.
Видео Analysts expect continued easing of inflation канала Newzroom Afrika
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