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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.
Date Uploaded: December 13 2012 15:00
Of the three social groups surveyed, analysts remain the most positive regarding lower inflation, even though they increased their expectations for 2013 by 0.4%pts and for 2014 by 0.2%pts[1]. With a forecast of 5.6% for 2013, they are still 0.5%pts lower compared to the average of all three groups.