According to Johann Els, chief economist of the Old Mutual Investment Group , inflation in South Africa is expected to be 4.5% by the end of next year, which is back within the SA Reserve Bank’s target band of 3% to 6%. Consumer price inflation was at 7.
8% in July and the latest figure, for September, is slightly lower at 7.5%.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Not to worry ! Eskom_SA is fixing that. It will make sure that inflation increases.
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