The SARB regards its primary goal in the South African economic system as " the achievement and maintenance of price stability".
Price stability is a year-on-year increase in the CPI of 0%.
A high degree of price stability is a year-on-year increase in the CPI of 2%.
The SARB has to change its primary goal in the South African economic system to be " the achievement and maintenance of a high degree of price stability of 2%".
Showing posts with label 2% anchor for inflation. Show all posts
Showing posts with label 2% anchor for inflation. Show all posts
Saturday, 19 April 2008
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