South African inflation expectations dip before rate call
Average inflation expectations two years ahead dropped to 3.8% in the third quarter from 3.9%.
South Africa's two-year-ahead average inflation expectations eased marginally to 3.8% in Q3 from 3.9%, signalling that long-term price expectations remain anchored near the midpoint of the central bank's 3 to 6% target band. The modest decline gives the SARB limited additional room to consider rate cuts, though the small magnitude suggests the shift is unlikely on its own to alter the monetary policy stance at the upcoming meeting.
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