Inflation Expectations

Inflation expectations
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Inflation Expectations

To help carry out its inflation targeting mandate, the South African Reserve Bank (SARB) commissioned the BER in 2001 to conduct a quarterly inflation expectations survey. Four social groups are covered in the survey, namely financial analysts, business people, trade union officials and households. The results of the Inflation Expectations Survey are provided in a quarterly report that is accompanied by an excel file containing the historic survey data. The inflation expectations for the current and next two years and forecast of various other economic variables (such as economic growth, the rand / dollar exchange rate and wage increases) of financial analysts, business people, trade union officials and households are available separately. Click here for information on the survey method.

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Inflation Expectations, 2014 - Quarter 4

Date Uploaded: December 10 2014 15:00


After remaining unchanged at 6.1% for almost two years, average CPI inflation for 2015 declined to 5.8% in the fourth quarter of 2014. All social groups lowered their forecast for 2015. Analysts and trade unions revised their forecasts downwards by 0.3% points to 5.4% and 5.9% respectively, while business people reduced their forecast by 0.2% points to 6.2%.