The Resilient Economy

December 2006
Africa Monitor: Southern Africa;Dec2006, Vol. 11 Issue 12, p4
Country Report
Country Report
The article forecasts the economic performance of South Africa for 2006 and 2007. In October 2006, the South African Reserve Bank achieved only 50 basis points in contrast to the expected basis points. The private sector maintains a buoyant demand, which assures the increase in rates in December 2006. The country's consumers are unaffected by the rate hikes, and whose spending have no impact on inflation.


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