South Africa's inflation expected to slow down - Highlights
1 min Read September 11, 2023 at 1:36 PM UTC

Highlights
- South African inflation expectations declined for the first time in two years, suggesting price pressures have peaked and the central bank will be able to keep interest rates on hold.
- Average inflation expectations for this year fell to 6.1% in the third quarter from 6.5% previously, according to a survey released on Monday by the Stellenbosch-based Bureau for Economic Research.
- The rate of price growth for 2024 is now seen declining to 5.5% from 5.9% and to 5.3% from 5.6% in 2025, according to participants in the poll of analysts, business people, labor unions, and households.
Source: Market Screener
Our Takeaway
We’ve covered inflation movements across different African economies more frequently in the last few weeks. But what is inflation and why does it matter? Put simply, inflation is the rate at which prices for goods and services increase across an economy. The rate at which prices change can have ramifications across the economy, affecting businesses and consumers alike. For instance, when high levels of inflation occur, the value of one’s money (also known as purchasing power) erodes, as consumers are no longer able to buy as many products with the same amount of money, ultimately affecting businesses that produce and sell to them.
This material has been presented for informational and educational purposes only. The views expressed in the articles above are generalized and may not be appropriate for all investors. The information contained in this article should not be construed as, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy or hold, an interest in any security or investment product. There is no guarantee that past performance will recur or result in a positive outcome. Carefully consider your financial situation, including investment objective, time horizon, risk tolerance, and fees prior to making any investment decisions. No level of diversification or asset allocation can ensure profits or guarantee against losses. Articles do not reflect the views of DABA ADVISORS LLC and do not provide investment advice to Daba’s clients. Daba is not engaged in rendering tax, legal or accounting advice. Please consult a qualified professional for this type of service.






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