Free Trial

Aug Headline & Core CPI Rise to 4.9% & 3.1% y/y

SOUTH AFRICA
  • *SOUTH AFRICA AUG. CONSUMER PRICES RISE 4.9% Y/Y; EST. +4.9%
  • SOUTH AFRICA AUG. CONSUMER PRICES RISE 0.4% M/M; EST. +0.3% -
  • SOUTH AFRICA AUG. CORE CPI RISES 3.1% Y/Y; EST. +3.0%
  • SOUTH AFRICA AUG. CORE CPI RISES 0.3% M/M; EST. +0.1% - bbg
  • Slight upside print in core CPI and flat in Headline - not a concern in terms of this week's SARB decision, but will be monitored closely in October for more upside pressure towards the upper threshold of the SARB's 3-6% range
  • in its guidance tomorrow, the SARB will likely retain its assessment of the short term balance of inflation risks to be to the upside to temper its dovish message somewhat
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.