TITLE

South Africa: Inflation Up, But Rates To Remain On Hold

PUB. DATE
September 2008
SOURCE
Emerging Markets Monitor;9/1/2008, Vol. 14 Issue 21, p20
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents an economic outlook for South Africa for 2008. It expects the central bank to keep interest rates on hold despite a record inflation figure. This is because the monetary authorities are likely to look past the bleak short-term inflation outlook. Further declines in bond yields indicate that markets are not overly concerned about the consumer price index.
ACCESSION #
34132070

 

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