SARB Statement: 2026 CPI seen at 3.7% (prev. 3.3%), 2027 CPI seen at 3.3% (prev. 3.2%); 2026 GDP Growth seen at 1.4% (prev. 1.4%), 2027 GDP Growth 1.9% (prev. 1.9%)
Importance
Level 1
- High energy prices will raise inflation in the near-term.
- We expect headline inflation will soon accelerate to around 4%, with fuel inflation over 18% for Q2.
#DATA#EU SESSION#US SESSION#CONSUMER PRICE INDEX#OTHER CENTRAL BANKS