Consumer Price Index (CPI)

SA keeps benchmark repo rate on hold but worried about inflation

The Reserve Bank kept its benchmark repo rate unchanged at 7% on Tuesday, in line with expectations, saying the near-term outlook of inflation has deteriorated while the domestic growth outlook remained constrained.

Steady repo rate welcomed as housing market outlook remains weak

The decision by the Monetary Policy Committee of the South African Reserve Bank to leave the repo rate unchanged is most welcome in a climate where the economic and housing market outlook remains weak.

Reserve Bank maintains interest rates at 7%, raises growth forecast

Pretoria – The South African Reserve Bank on Thursday, left the repo rate at 7 percent for a third consecutive time this year, raising its forecast for economic growth to 0.4 percent.

Interest Rates on hold, good news for economy and property market

South Africans have welcomed the decision by the Monetary Policy Committee of the South African Reserve Bank to retain the repo rate at 7%, making it easier for real estate business to prosper.

Repo Rate stays at 7%, economy still fragile

South African Reserve Bank (Sarb) Governor, Lesetja Kganyago on Thursday announced the bank decided to keep the repo rate at 7% — with prime lending interest rate at 10.5%.

Bad news as Interest rate goes up

The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) on Thursday increased the repo rate by 25 basis points to 6.25%, in a move Governor Lesetja Kganyago citing concerns over a weak rand and rising inflation.

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