Inflation Expectations

Inflation expectations
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Inflation Expectations

To help carry out its inflation targeting mandate, the South African Reserve Bank (SARB) commissioned the BER in 2001 to conduct a quarterly inflation expectations survey. Four social groups are covered in the survey, namely financial analysts, business people, trade union officials and households. The results of the Inflation Expectations Survey are provided in a quarterly report that is accompanied by an excel file containing the historic survey data. The inflation expectations for the current and next two years and forecast of various other economic variables (such as economic growth, the rand / dollar exchange rate and wage increases) of financial analysts, business people, trade union officials and households are available separately. Click here for information on the survey method.

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Inflation Expectations, 2012 - Quarter 2

Date Uploaded: June 28 2012 15:00


The average inflation expectation for 2012 remained at 6.1% during the second quarter. Respondents lowered their 2013 inflation forecast by 0.1 percentage point to 6.0% (the same level it was during the fourth quarter of 2011), only to raise their 2014 forecast from 6.0% previously to 6.1%. The inflation expectations of households (for 2012) increased by 0.5 percentage points from 6.2% previously to 6.7% during the second quarter of this year.