Sarb bulletin charts divergence in survey expectations

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"Meaningful differences": Sarb's latest quarterly bulletin reveals inflation expectations

The average inflation expectations of analysts for 2016 and 2017 are higher than those of business people and trade unions, the quarterly bulletin published by the South African Reserve Bank has revealed today (June 14).

Despite average headline CPI expectations for the two years remaining unchanged at 6.2% in the first quarter of 2016, there are "meaningful differences" among the constituent groups polled in the survey.

"Whereas analysts revised their inflation forecasts significantly upwards

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