Inflation Trends in SA and the case for a lower inflation Target

In this insightful presentaton, Mr Nkosiphindile “Nkosie” Shange, Economist at the Bureau for Economic Research (BER) explored the latest inflation trends in South Africa, currently tracking below the South African Reserve Bank (SARB) target. What does this mean for the economy and is it time to re-evaluate our inflation targeting framework. This presentation unpacked the drivers behind current inflation dynamics, assessed the economic implications, and explored whether there is merit in advocating for a lower inflation target in South Africa.