Consumer prices rose 7.5% in September; median.
Traders are fully pricing in a 75 basis-point hike in November
South African inflation decelerated for a
second straight month — a slowdown that’s
unlikely to sway the central bank from raising interest rates in November to rein in price growth.
The headline consumer-price index rose 7.5% in September from a year earlier, compared with a 7.6% increase in August, Pretoria based Statistics South Africa said Wednesday in a statement on its website. That was less than the 7.6% median of 13 estimates as reported
