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Celestè Booysen
COORDINATOR: MARKETING AND COMMUNICATIONS
Tel: 021-808 9755
Email: cbooysen@sun.ac.za
The global energy shock, due to the war between the US and Iran, had a negative impact on the inflation expectations of all four social groups. For the professional groups, current-year expectations surged from 3.6% to 4.4%. Similarly, their five-year expectations increased from 3.6% to 4.1%. Household inflation expectations increased further following a marginal uptick in the first quarter; one-year expectations were measured at 6.0% (5.4% previously), while five-year expectations rose from 8.4% to 9.1%.
