Nice inflation surprise for South Africa
- South Africa's inflation eased more than expected in July, rising 4.3% compared to 5% in June.
- The Reserve Bank of South Africa is considering keeping interest rates on hold as it assesses the fallout from the war in Iran and a decrease in petrol prices.
- The decision will be announced on September 23, following a meeting by the SARB, which previously raised rates in May citing an improved outlook for inflation.
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