{"id":89050,"date":"2025-09-01T19:18:39","date_gmt":"2025-09-01T19:18:39","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target"},"modified":"2025-09-01T19:22:13","modified_gmt":"2025-09-01T19:22:13","slug":"south-africa-one-step-closer-to-lower-inflation-target","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target","title":{"rendered":"South Africa one step closer to lower inflation target"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Africa. <\/strong><\/span>A panel is drafting recommendations on possible changes to South Africa\u2019s inflation target that will be presented to both the central bank and the National Treasury before an announcement is made, the authorities said.<\/p>\n<p>The so-called Macroeconomic Standing Committee has been conducting technical work to assess the appropriateness of the target, according to a joint statement published on Monday.<\/p>\n<p>The central bank\u2019s current inflation-target band is 3% to 6%. In July, central bank Governor Lesetja Kganyago announced that policymakers would now prefer to anchor price expectations at the lower end of the range at 3%.<\/p>\n<p>\u201cThe Minister of Finance and the Governor will agree on any changes to the target band. The Minister of Finance will make a formal announcement as soon as is practical to anchor expectations,\u201d the joint statement said.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">South-Africa<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Africa. A panel is drafting recommendations on possible changes to South Africa\u2019s inflation target that will be presented to both the central bank and the National Treasury before an announcement is made, the authorities said. The so-called Macroeconomic Standing Committee has been conducting technical work to assess the appropriateness of the target, according [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":89049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[275],"class_list":["post-89050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-africa-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>South Africa one step closer to lower inflation target - South Africa<\/title>\n<meta name=\"description\" content=\"A panel is drafting recommendations on possible changes to South Africa\u2019s inflation target that will be presented to bot ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Africa one step closer to lower inflation target\" \/>\n<meta property=\"og:description\" content=\"A panel is drafting recommendations on possible changes to South Africa\u2019s inflation target that will be presented to bot ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-01T19:18:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-01T19:22:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/09\/sm_1756741900.370429.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South Africa one step closer to lower inflation target\",\"datePublished\":\"2025-09-01T19:18:39+00:00\",\"dateModified\":\"2025-09-01T19:22:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\"},\"wordCount\":152,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2025\/09\/sm_1756741900.370429.jpg\",\"keywords\":[\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/south-africa-one-step-closer-to-lower-inflation-target\",\"name\":\"South Africa one step closer to lower inflation target - 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