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SA’s September headline consumer inflation slows – what does this mean for interest rates?

PUBLISHED: Wed, 23 Oct 2019 15:26:26 GMT

South Africa’s headline consumer inflation slowed to 4.1 per cent year-on-year in September, from 4.3 per cent in August, data from Statistics South Africa showed. This paves the way for a drop in interest rates when the South African Reserve Bank meets next month. But crucial to its decision will be Moody’s sovereign rating on 1 November. Investec Chief Economist, Annabel Bishop joins CNBC Africa for more.


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