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Rental costs ‘likely to slow inflation drop'

Interest rate cuts may be delayed

9 September 2008 · Staff Writer

Rental costs ‘likely to slow inflation drop'

By Mariam Isa
From Business Day

Inflation is unlikely to return to its official 3%-6% target range before the middle of 2010 if rental costs accelerate as much as expected, a leading South African bank said yesterday.

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The cycle takes time to turn. Some players will call it fast, some will call it slow. The reality is: Have you got a savings account? Have you consolidated your debts? How geared are you? Have you performed a financial health check?

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