In addition, economists expect producer inflation to have moderated from a record of 18% in July
A large number of economic data releases will come out this week, including the Reserve Bank’s quarterly bulletin and Stats SA’s employment statistics.
The SA Reserve Bank previously showed that the country recorded foreign direct investment (FDI) of R27.2bn in the first quarter of 2022, up from R22.7bn in the fourth quarter of 2021. The increase was mainly due to the exclusion of Russia from financial indices, which saw countries such as SA emerge as beneficiaries of rising geopolitical tension as investors hunted for other places to park their money...
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