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SARB Revises 2022 Inflation to 5.8% vs 4.9% Prior, Sees 6.2% Avg in 2Q22

SOUTH AFRICA

Inflation:

  • S. AFRICA SARB SEES RISKS TO INFLATION OUTLOOK TO UPSIDE
  • S. AFRICA SARB SEES INFLATION AVG 5.8% IN 2022; SAW 4.9%
  • S. AFRICA SARB SEES 1Q 2022 INFLATION AVG 5.8%; SAW 5.6%
  • S. AFRICA SARB SEES 2Q 2022 INFLATION AVG 6.2%; SAW 5%
  • S. AFRICA SARB SEES S. AFRICA CPI AVG 4.6% IN 2023 AND 2024
  • SARB SEES CORE INFLATION AVG 4.2% IN 2022; SAW 3.8%
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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