Interest rates likely to remain unchanged despite CPI increase: Economist
Veteran Economist, Dawie Roodt, says the latest Consumer Price Inflation (CPI) figures suggest that the South African Reserve Bank (SARB) will likely keep interest rates unchanged when its Monitoring Policy Committee meets today. Statistics SA has announced that CPI increased from 4.7% in July to 4.8% in August. This is after four consecutive months of decline. The data agency says the monthly change in CPI was 0.3% in August, down […]