South African Policy Uncertainty Eases on Better GDP and Inflation
- S.Africa’s public finances contribute to policy uncertainty
- Loadshedding and low economic growth are ongoing risks
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Policy uncertainty in South Africa eased in the third quarter after better-than-expected economic growth data and as inflation eased to within the central bank’s target range.
The Policy Uncertainty Index compiled by the North-West University Business School fell to 71.8 in the three months through September, from a record 76.2 in the second quarter, the institution said in a statement on Monday. The baseline for the index is 50.