• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

All data is delayed
Loading...
See More

Sarb: Inflation to remain in target range

Apr 16 2013 10:58
Reuters

Cape Town - South Africa's inflation outlook has worsened because of a weaker rand but is still seen holding within a 3%-6% target band, a Reserve Bank official told a parliament committee on Tuesday.

"The inflation outlook has deteriorated slightly due to a more depreciated exchange rate and higher petrol prices, but is expected to remain in the targeted range over the effective policy time horizon," said Chris Loewald, deputy head of research at the bank.

"Inflation remains inside the target range and measures of underlying inflation are currently below the headline inflation rate."  

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

sarb  |  inflation

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The upcoming petrol price hike is:

Previous results · Suggest a vote

Loading...