DStv Channel 403 Friday, 21 February 2025

CPI increase fuels fears of interest rate hike

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    JOHANNESBURG - Inflation increased to 5.4 percent in September, up from 4.8 percent in August.

    Food, housing and fuel costs drove the rise.

    READ: CPI increases to 5.4% in September

    This could prompt the Reserve Bank to rethink rate hikes next month.

    The inflation target band is between 3 and 6 percent, with the midpoint at 4.5 being the goal.

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