for subscribers

CPI: No hard and fast rule for rate cut

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
(iStock)
(iStock)

Johannesburg – Economists have mixed views on whether the latest inflation data could lead the Reserve bank to introduce a rate cut. 

Inflation for May was at 5.4%, up from 5.3% in April but still well within the target range between 3% and 6%, data from Statistics South Africa (Stats SA) revealed.

READ: Inflation remains within Reserve Bank target range

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.21
(-0.63)
ZAR/GBP
20.31
(-0.42)
ZAR/EUR
18.12
(-0.59)
ZAR/AUD
11.20
(-0.62)
ZAR/JPY
0.15
(-0.79)
Gold
1809.20
(+0.11)
Silver
23.31
(-0.07)
Platinum
962.00
(+0.30)
Brent Crude
48.73
(+1.57)
Palladium
2379.00
(+2.41)
All Share
57923.69
(+0.31)
Top 40
53084.13
(+0.27)
Financial 15
11645.28
(+0.04)
Industrial 25
79993.34
(+0.20)
Resource 10
52790.93
(+0.35)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
22% - 340 votes
No, I did not.
51% - 803 votes
My landlord refused
28% - 435 votes
Vote