South Africa is in holiday mode, with markets and indicators not showing much movement.
The rand slipped against a stronger dollar in holiday-thinned trade on Friday, reacting largely to the latest set of data released by Stats SA for the year.
This includes consumer inflation, which slowed to 3.5% in November from 3.6% the month before, remaining within the one percentage point tolerance band of the SARB’s new 3% inflation target.
Producer inflation was at 2.9% in November, the same rate as in October.
The rand has held…
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