South African statistics agency updates its inflation basket
South Africa's statistics agency has updated its consumer inflation basket for the first time since 2022, including items ...
South Africa producer inflation at 0.7% y/y in December
South Africa's producer inflation was at 0.7% year on year in December from -0.1% in November, statistics agency data showed ...
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Reserve Bank cuts interest rates in South Africa
The South African Reserve Bank has cut rates by 25 basis points in line with expectations, but there are fears over a ...
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Inflation eases to 4.4% in South Africa, marking the lowest rate since 2020
StatsSA has announced that inflation has hit its lowest level ... Independent Online, popularly known as IOL, is one of South Africa’s leading news and information websites bringing millions ...