CONSUMER inflation and retail sales data due
out this week will provide important clues on the likely pace of
economic growth this year.
South Africans are braced for a further
rise in the consumer price index (CPI) on Wednesday after the Reserve
Bank’s recent inflation forecast had a poor outlook.
The Bank’s concerns about the growing risks to inflation from the weak rand and higher food prices have begun to materialise.
The Bank’s concerns about the growing risks to inflation from the weak rand and higher food prices have begun to materialise.
