South Africa's path to inflation stabilisation uncertain- cenbank

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South Africa's path to inflation stabilisation uncertain- cenbank
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SaltWire's Atlantic regional weather forecast for October 17, 2023] | SaltWireJOHANNESBURG - South Africa's central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise path for inflation.

The central bank aims to keep inflation within its target band of 3%-6% with a mid-point of 4.5% as the preferred anchor. Core inflation, which excludes food and fuel costs, has also remained elevated above the preferred midpoint.

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