South Africa faces a ‘frightening’ month – but it will get better: Nedbank

After this week’s CPI figures surprised towards the upside, Nedbank now forecasts that South Africa’s inflation is forecast to increase to over 7% in June. In a research note on Wednesday (22 June), the bank noted that petrol prices rose by more than 10% month-on-month in June. On top of this, June is a heavy survey … Continue reading “South Africa faces a ‘frightening’ month – but it will get better: Nedbank”Banking, BNP Paribas, HeadlineRead More