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Thursday, November 23, 2017

South African central bank sees 2018 GDP at 1.2%, 2019 at 1.5%

South African Reserve Bank statement highlights - Upside risks to CPI outlook have increased - Risks to CPI include rand and oil prices - Rand pressures offset by better 2018 food CPI outlook Sounds like hawkish stuff but no change from the 6.75% rate is universally expected. We will get a decision any moment on rates.
South African central bank sees 2018 GDP at 1.2%, 2019 at 1.5%

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