South Africa’s finance ministry and central bank said in a joint statement on Monday that technical work on whether to change the country’s inflation target was drawing to a close.
South Africa’s finance ministry and central bank said in a joint statement on Monday that technical work on whether to change the country’s inflation target was drawing to a close.
South Africa’s inflation rate was steady in May, staying below the central bank’s 3% to 6% target range as it pushes for the target to be lowered.