South Africans lower inflation expectations
Inflation expectations in South Africa have started to decline. On average, analysts, business people and trade unions see inflation at 5.3 per cent this year, which is 0.1 percentage points lower than the previous forecast. They also expect prices to cool in the following two years. That’s according to Bureau of Economic Research’s second quarter inflation expectations survey. CNBC Africa is joined by Nicolaas van der Wath, Economist, Bureau for Economic Research for more.
Fri, 05 Jul 2024 15:33:33 GMT