The improved inflation outlook amid mediocre economic growth will offer justification for the Reserve Bank to lower interest rates next week
The improved inflation outlook amid mediocre economic growth will offer justification for the Reserve Bank to lower interest rates next week
The improved inflation outlook amid mediocre economic growth will offer justification for the Reserve Bank to lower interest rates next week
11 September 2024 – 12:03
by Denene Erasmus
Economic activity lifted only modestly in August, but a survey shows that increasing confidence levels along with expected changes in interest rates and improving consumer inflation levels could boost economic activity during the last months of 2024.
The BankservAfrica Economic Transactions Index (BETI) for August shifted just 0.1% to reach an index level of 137 in August compared with 136.9 in July, remaining at its highest level since May 2022…
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