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Consumer price inflation eased to an annual 3.3% in August from 3.5% in July, well below most economists' expectations. Traders raised the odds of a 25-basis-point rate cut at the South African Reserve Bank's next meeting to about 60%.
The rand weakened as much as 0.4% and 2035 bond yields fell to their lowest in over seven years.
Lower inflation and likely rate cuts can weaken the rand and raise the rand cost of imported feed inputs. Easier domestic policy also affects borrowing costs for South African livestock and feed producers.
moneyweb.co.zaNtando Thukwana, BloombergSep 17, 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.
