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South African headline consumer inflation rose to 3.6% year on year in October, slightly below the 3.7% Reuters poll forecast. The data left the central bank's rate decision as a close call.
Inflation slightly below forecasts supports the case for a rate cut, which would weigh on the rand. The direct effect on feed commodity prices is minimal.
reuters.comNov 19, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
