South Africa's Mboweni outlines inflation threats

Tito Mboweni, the governor of the South African Reserve Bank, has identified union-driven salary disputes and increasing food and oil prices as the main threats to the current inflation outlook in the country.

The governor said on 25 May that the outcome of the current public sector wage dispute would have major implications for interest rates. Mboweni was under close scrutiny as the central bank's rate-setting monetary policy committee will meet for the third time this year on 30 and 31 May.

The

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