Inflation proves worrisome for Sarb MPC

Governor stresses central bank has inflation target range and not a specific point

Lesetja Kganyago
Elske Photography

The governor of the South African Reserve Bank (Sarb) has stressed the central bank will look to ensure inflation remains within its target band and not at a specific figure, as policy-makers fret over the country’s inflation performance.

“Our target range is broad compared to inflation targets of other countries. It was done to give us flexibility such as when we have a shock we have room to manoeuvre within the target,” Lesetja Kganyago said in a press conference following today’s (September

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.