Skip to main content

Rising inflation, stronger output suggest rate hike in South Africa

Figures released today showed that South Africa’s retail sector has remained surprisingly resilient in the face of power shortages, and rising inflation. A string of relatively strong growth figures this month strengthens the case for a 25bp rate hike in July. 

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.