Davos 2023: Sarb Governor Kganyago on SA’s inflation outlook

South African Reserve Bank Governor Lesetja Kganyago says the quickening pace in local monetary policy was impacted by a series of supply shocks which greatly fed into domestic price pressures. He also flagged that it appears as if headline inflation is on the decline after moderating from 6.5 per cent to 5.8 per cent in the third quarter, indicating that the restrictive stance may be alleviating price pressures in this regard. CNBC Africa's Fifi Peters caught up with him on the sidelines of Day 2 of this year's Davos meetings and this is what he had to say.
Tue, 17 Jan 2023 15:59:06 GMT