SARB's Quarterly Bulletin, March 2006

The South African Reserve Bank published its March 2006 Quarterly Bulletin on 23 March. According to the latest Bulletin, a relatively benign international economic environment contributed to the improved prospects facing the South African economy in 2005.

Global output growth continued at a firm pace, rendering support to international trade volumes and commodity prices. At the same time world inflation remained low, with little evidence that the increases in the prices of crude oil and other

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