The governor of the reserve bank will announce the decision of the repo rate of the Monetary Policy Committee on Thursday afternoon.
Inflation rate for February is 3.2%, the target bank’s target range, economists, economists, due to the economic impact of trade tariffs, it does not expect the bank to reduce the repo speed.
Statistics SA announced the inflation rate for February on Wednesday morning. JEE-A Van Der Linde, Oxford Economy Economy Africa, said that the country’s inflation is in a good place in a good way with the worldview.
But he says Last inflation printing Although the Oxford economy will not change the repo in the meeting of the South African Reserve Bank (SARB) to the Upcoming Monetary Policy Committee (MPC), MPC voting examples are more in the January meeting.
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The near-term inflation worldview, but so far the repo rate was not cut
“The nearby inflation worldview is 3.7% in 2025. The CPI title is 3.7%. Prior to the second half of the year, it shows that the CPI will pass the approaches from the side of the rapprochements.
“In the first half of 2025, the updated inflation expectations show that South Africans continue to expect from 4.3% to 4.3% this year and 4.6% in 2026.”
Van Der Linde, Sarb’s heading ratio will meet the expectations of lower inflation while thinking about the upper trend, he said. “The Sarb will grow rapidly at the next MPC meeting at the next MPC meeting at 7.5%.
“Greater confidence in the economic impact of trade tariffs, the reduction of the nutritional rate of the United States can encourage the loosening of the SARB and later in addition to low and stable domestic inflation.”
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2.9% expected CPI title in March
Koketso Mano, a chief economist in the FNB, said that we will continue to see a lid in inflation in inflation in February. “Therefore, although several unique incidental survey results were demonstrated in March, it should be mainly affected monthly inflation.
“However, 2.9% of the heading inflation in March, a change of main effects, growth and VAT growth will be about 4% in this year, and 2024 will be slow in 2024.”
Mano, Outlook-A risks, supply chain violations, faster reconstruction and faster reconstruction and faster reconstruction and faster reconstruction.
“Fortunately, inflation expectations, inflation expectations, which result in the first quarter of 2025, the inflation in the first quarter of 2025 must allow to keep a neutral level at 7.0% to continue to go to a neutral position.
“We do not think that the next cut is possible until the end of the first half of the year, as global volatility has opened on Thursday.”
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He warned that inflationary pressures are the construction of
Casey spray, an economist at Anchor Capital, although in general inflation is printed, the inflation is being established. In the first quarter of this year, in 2025 in 2025, the title in 2025 increased its projects to 4.5% to 4.5%, but gradually expects gradually until 2027.
Over the next five years, the CPI is expected to stabilize 4.7%, which is slightly higher than the selected midpoint of the Sarb. “Inflation can add higher pressure to the latest announcement of inflation risks and 0.5% of government, consumer expenses and prices touching home budgets.
“Inflation continues to complicate work in January, in January, the Sarb’s target interval continues to complicate the work in the global uncertainty, but the governor’s voices, this prosecutor turned into 4-3 splits.”
Spray, a single change in position, said that the balance can easily change the balance without changing the session on Thursday. “As the work is left, a careful approach of the SARB is probably closely following foreign developments and closely follows the influence of domestic inflation, is likely to be a careful approach.”
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Trump’s tariffs are expected to contribute to global inflation
The economists in the economic union of Johannes Matimba and Nedbank Group are expected to continue to move from various sources from various sources to the CPI and various sources from various sources.
“Global disinformation support will be furnished. The Food Price Price Index of the United Nations Food Price Index has accelerated in January 2022 in February, 8.2% in February since 2022.
Trump tariffs will also contribute to global inflation, which will increase food inflation with a weak exchange rate, which will increase the product of inflation in food inflation, which will increase the product and reduce healthy summer rains. “
They will keep the global oil prices for weak global demand and wide supply, but are waiting for those in the weakness of the Randa. “Rand will most likely put pressure on US dollars to be supported by a changing global feeling to increase trade tension from Trump’s policy.
“Other risks include higher salary growth and electricity tariffs.
Xhosa and Wimar, MPC is expected to increase the risk of increased risk of inflation, which is likely to be in the lower inflation worldwide inflation worldview.
