Statement of the Monetary Policy Committee

Download statement:  Statement of the Monetary Policy Committee – 24 January 2017

Points to note are:

 

  • The Repo rate remains unchanged at 7%
  • The prime lending rate also be unchanged at 10.5%
  • Headline inflation is expected to average 6.2% in 2017, compared with a previous forecast of a 5.8%

 

 

Kind Regards

Tshidi Moatshe

SACCI Communications

South African Chamber of Commerce and Industry (SACCI)

Tel: +27 11 446 3800

Cel: +27 76 935 5681

Fax: 086 528 2662

Email: tshidim@sacci.org.za

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