SA inflation up slightly, jury out on rates

South Africa's targeted consumer inflation quickened slightly in October, suggesting that it may have bottomed and leaving analysts divided on the possibility of further monetary easing.

Statistics South Africa said on Wednesday headline CPI stood at 3,4 percent year-on-year in October, compared with a five-year low of 3,2 percent in September and slightly above a consensus of 3,3 percent in a Reuters poll.

On a monthly basis, CPI was at 0,2 percent, from 0,1 percent in September. The market was expecting 0,1 percent.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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