Free Trial

CPI Comes in Soft, Although Core Remains Sticky

SOUTH AFRICA
  • South Africa CPI (May) M/M 0.2% vs. Exp. 0.4% (Prev. 0.4%)
  • CPI (May) Y/Y 6.3% vs. Exp. 6.5% (Prev. 6.8%)
  • Core CPI (May) M/M 0.1% vs. Exp. 0.2% (Prev. 0.5%)
  • Core CPI (May) Y/Y 5.2% vs. Exp. 5.2% (Prev. 5.3%)
Muted response for USD/ZAR, with the pair remaining off the overnight high at 18.4497. 100-dma remains a near-term resistance, crossing at 18.4517 today.

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.