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The rand was flat in choppy trading as investors reacted to US inflation data and the removal of a Democratic Alliance politician from a deputy trade minister post. Domestic producer inflation slowed to 0.1% in May.
Currency swings driven by US data and domestic politics affect the rand cost of imported feed inputs, so buyers face short-term price uncertainty.
Not 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.