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Finance

Inflation spike, but rate relief may be near
Finance

Inflation spike, but rate relief may be near

May inflation climbed to 4.5%, driven largely by fuel costs and transport inflation.Food inflation eased to 1.9%, helping cushion consumers from broader price pressures.John Loos expects one final July rate hike before the SARB pauses for the remainder of 2026.

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8th NAMA National Conference, Back to the Future: the future is here! 15-16 October 2026, CSIR International Convention Centre, Pretoria. Main conference sponsors King Price and WeconnectU.