Inflation likely to exceed six-percent target
Lusanda Bill
23 November 2011
Reserve Bank Governor Gill Marcus says South Africa’s inflation figure is more likely to exceed their undercut official targets.
In its twice-yearly Monetary Policy Review released in Pretoria, the central bank points out that cost-push pressures and the sharp reduction of the Rand are posing the primary risks.
Marcus also warns of potential corruption from the euro zone debt crisis.
23 November 2011
Reserve Bank Governor Gill Marcus says South Africa’s inflation figure is more likely to exceed their undercut official targets.
In its twice-yearly Monetary Policy Review released in Pretoria, the central bank points out that cost-push pressures and the sharp reduction of the Rand are posing the primary risks.
Marcus also warns of potential corruption from the euro zone debt crisis.
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