Consumer Price Index (YoY)

Date Time Left   Event Impact Previous Consensus Actual
Mar 22, 08:00  Consumer Price Index (YoY) 6.6% 6.3%

Consumer Price Index (YoY)

The Consumer Price Index released by the Statistics South Africa Head Office is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Rand is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Rand, while a low reading is seen as negative (or Bearish).

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