South Africa's Long-Term Inflation Outlook Falls to an All-Time Low: Survey

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South Africa's Long-Term Inflation Outlook Falls to an All-Time Low: Survey - Sputnik Africa, 1920, 15.09.2025
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South Africa's Long-Term Inflation Outlook Falls to an All-Time Low: Survey

Public inflation expectations for the next five years have decreased to 4.2% from those of 4.4% voiced in the previous quarter survey, according to the Bureau for Economic Research.

The development comes against the backdrop of the Reserve Bank’s recent initiative to target 3% inflation rate, although there has been no official signing by the finance minister yet.

The next interest rate proposal is to be announced on September 18.

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