{"id":8976,"date":"2012-03-16T03:14:23","date_gmt":"2012-03-16T01:14:23","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/s-african-inflation-should-return-to-target-by-year-end-cbank\/"},"modified":"2012-03-16T03:14:23","modified_gmt":"2012-03-16T01:14:23","slug":"s-african-inflation-should-return-to-target-by-year-end-cbank","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-african-inflation-should-return-to-target-by-year-end-cbank\/","title":{"rendered":"S.African inflation should return to target by year-end: Cbank"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">JOHANNESBURG, March 15<\/span> (Reuters) &#8211; South Africa&#8217;s<br \/>\ninflation rate should come back to within the 3-6 percent target<br \/>\nset by the central bank by the end of the year, Reserve Bank<br \/>\nGovernor Gill Marcus said in a statement on Thursday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>&#8220;According to the macroeconomic forecast of the bank,<br \/>\ninflation is expected to peak at around 6.6 percent in the<br \/>\nsecond quarter of this year and then to decline moderately<br \/>\nbefore returning to within the target range by the end of the<br \/>\nyear,&#8221; Marcus said.<\/p>\n<p><span><\/span><\/p>\n<p>The governor however said there were upside risks to that<br \/>\noutlook such as international oil prices.<\/p>\n<p><span><\/span><\/p>\n<p>Inflation stood at 6.3 percent in January and the bank has<br \/>\npreviously forecast it would stay above the target range until<br \/>\nthe first quarter of 2013.\t<\/p>\n<p> (Reporting by Xola Potelwa; Editing by Susan Fenton)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JOHANNESBURG, March 15 (Reuters) &#8211; South Africa&#8217;s inflation rate should come back to within the 3-6 percent target set by the central bank by the end of the year, Reserve Bank Governor Gill Marcus said in a statement on Thursday. &#8220;According to the macroeconomic forecast of the bank, inflation is expected to peak at around [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-8976","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=8976"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/8976\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=8976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=8976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=8976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}