
Could higher inflation prompt the Sarb to hike rates?
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Inflation has accelerated to a 30-month high, rising to 5.2% in May on an annual basis. This puts price growth above the midpoint of the Reserve Bank's 3%-6% target band which is prompting some analysts to believe that the bank could hike interest rates sooner than expected. Business Day TV's Alishia Seckam spoke to PwC economist Christie Viljoen for her take on the situation.





