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South African inflation expectations stabilise in third quarter
South African inflation expectations stabilise in third quarter
South African inflation expectations stabilised in the third quarter, a survey showed on Wednesday, after a steep rise in the previous quarter because of the oil price shock triggered by the Iran war.
The quarterly survey is commissioned by the central bank and guides its thinking on the appropriate level of interest rates.
The average forecast of analysts, business people and trade union officials was for headline consumer inflation of 4.4% this year, unchanged from the second-quarter survey.
The average forecasts for 2027 and…
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