Inflation set to hit 5% by year-end as fuel price hikes take hold, but it's not all bad news
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Inflation in South Africa may reach 5% by the end of the year. This increase is driven by rising fuel prices. Despite this trend, economists believe the Reserve Bank will keep rates the same during the November meeting.
South Africa’s inflation could approach 5% by year-end as fuel price increases feed through, but economists expect rates to remain unchanged at the Reserve Bank’s November meeting.