Moody’s expects South Africa’s inflation to hit 8% in 2022
Published on: Wednesday 04 May 2022
LONDON, May 4 (Reuters) – Inflation in South Africa is set to rise to 8% this year, overshooting the central bank’s target amid the global impact of the Ukraine conflict and rising U.S. interest rates, credit rating agency Moody’s forecast in a report on Wednesday. Moody’s said inflation was set to be higher than the South African […]
News source: https://www.cnbcafrica.com/2022/moodys-expects-south-africas-inflation-to-hit-8-in-2022%ef%bf%bc/
