monetary policy

The Consumer Price Inflation in December fell marginally to 3.5 percent, Statistics South Africa (Stats SA) said on Wednesday. December 2010 CPI was 0.1 percent lower than November's 3.6 percent. In December, prices rose by 0.2 percent, mainly due to higher fuel prices and rent costs. Although December's figure came close to market expectation, Nedbank economist Carmen Altenkirch said the favourable figure is not likely to sway the Reserve Bank in favour of cutting interest rates when it … [Read more...] about CPI Marginally Down in December