After a year of cuts the mood has flipped. The MPC held at 7% in July on a 4-2 split, the Governor warned about inflation on the upside, and June's CPI printed 5.0%. A hike is genuinely on the table.
4.5% is the midpoint of the Reserve Bank's target band, the number it actually steers towards. Above it and rate cuts get harder; below it and they get easier. June 2026 came in at 5.0%.
The petrol price is reset at the start of every month by the Department of Mineral and Petroleum Resources, driven by the oil price and the rand. Any increase at all resolves this Yes.
4.5% is the midpoint of the Reserve Bank's target band, the number it actually steers towards. Above it and rate cuts get harder; below it and they get easier. June 2026 came in at 5.0%.
The petrol price is reset at the start of every month by the Department of Mineral and Petroleum Resources, driven by the oil price and the rand. Any increase at all resolves this Yes.
Stats SA builds this index from every single property transfer registered at the Deeds Office, not estate agent estimates. It is the closest thing to a true national house price.
4.5% is the midpoint of the Reserve Bank's target band, the number it actually steers towards. Above it and rate cuts get harder; below it and they get easier. June 2026 came in at 5.0%.
The petrol price is reset at the start of every month by the Department of Mineral and Petroleum Resources, driven by the oil price and the rand. Any increase at all resolves this Yes.
Stats SA builds this index from every single property transfer registered at the Deeds Office, not estate agent estimates. It is the closest thing to a true national house price.
4.5% is the midpoint of the Reserve Bank's target band, the number it actually steers towards. Above it and rate cuts get harder; below it and they get easier. June 2026 came in at 5.0%.