JOHANNESBURG (Reuters) -South Africa’s headline shopper inflation edged as much as 2.9% 12 months on 12 months in November from 2.8% in October, staying slightly below the central financial institution’s goal vary, knowledge from the statistics company confirmed on Wednesday.
Economists polled by Reuters had forecast inflation would speed up to three.1%, inside the South African Reserve Financial institution’s 3% to six% band.
The central financial institution final month lower its major lending price for the second assembly in a row, after inflation dropped beneath the goal vary in October for the primary time in years.
In month-on-month phrases inflation was at 0.0% in November, versus -0.1% in October.
Thames Water has "withdrawn" plans to pay senior bosses bonuses linked to the corporate securing…
Elon Musk has stated he's dedicated to remaining as Tesla's chief government for not less…
The boss of one of many UK's greatest banks says it's being attacked "on a…
Adriatic Metals, a valuable metals mining group, is within the early phases of takeover talks…
The metal tycoon Sanjeev Gupta is mounting a last-ditch bid to salvage his British operations…
Britain ought to have entry to the EU's rearmament fund earlier than the top of…