Yes bank lending rates according to the yes bank website, the new rates are with effect. January’s reading marked the highest inflation rate since november 2023.
The 2 and 3 year mclr is at 9.35%. South africa’s annual inflation rate rose to 5.6% in february 2024, up from january’s 5.3%, slightly above market forecasts of 5.5%, and moving farther from the central bank’s.
The 2022 Average Figure Was 6.9%.
Yes bank lending rates according to the yes bank website, the new rates are with effect.
South Africa's Central Bank Said On Thursday That Inflation Risks Had Eased Somewhat, But It Held Its Key Rate For The Sixth Meeting In A Row Citing High Inflation.
January’s reading marked the highest inflation rate since november 2023.
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The Consumer Price Index (Cpi) Inflation For May 2024 Has Eased To 4.75 Per Cent, A Slight Decline From 4.83 Per Cent In April 2024.
The rates are effective from june 7, 2024.
Business Insider Africa Presents 10 African Countries With The Lowest Inflation Projections For 2024.
In april 2024, the monthly inflation rate was 0.26.
