Consumer inflation excluding interest on mortgage bonds (CPIX) - the measure used by the South African Reserve Bank (SARB) for its inflation target - is expected to increase to 5.2% in January from December's 5.0%, an I-Net Bridge survey has found.
Three economists expected CPIX to break below 5.0%, while nine of the 14 economists surveyed expected an increase above 5.0%. Forecasts ranged from 4.9% y/y to 5.3% y/y. CPIX was at 4.3% a year ago.
Read more at FIN24.co.za
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