# South African inflation steady as central bank pushes for lower target

> 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.

- Date: 2025-06-18 · published 2025-06-18T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/24505-south-african-inflation-steady-as-central-bank-pushes-for-lower-target
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Subdued inflation gives the central bank room to cut rates, which can weaken the rand and modestly raise the cost of imported feed ingredients.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/africa/south-african-inflation-steady-may-expected-2025-06-18/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.