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Economics
commentary

Read our reports on consumer and property economics




 

Economics Weekly 10 January 2020


New vehicle sales ended the year on a high note, recording a welcomed uptick of 4.2% y/y in December and the Absa PMI ended the year on a slightly lower note at 47.1 points. At their last MPC meeting the SARB decided to keep the repo rate unchanged at 6.5%, leaving the prime lending rate at 10%. Regarding next week's decision, we assess the odds for a rate cut to have risen.


 

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