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South Africa's consumer inflation was steady at 2.8% year-on-year in May, unchanged from April and below the central bank's 3% to 6% target range. The central bank is pushing to lower the target further.
Subdued inflation gives the central bank room to cut rates, which can weaken the rand and modestly raise the cost of imported feed ingredients.
reuters.comSfundo ParakozovJun 18, 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.
