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South African inflation ticks up but more rate cuts expected this year

South African retail sales rose 3.5% year on year in November after rising by a revised 3.0% in October, Statistics South Africa figures showed on Wednesday, 21 January 2026.

By Sfundo Parakozov

22 Jan 2026

Source: Reuters.

Source: Reuters.

Seasonally-adjusted retail sales rose 0.6% month on month in November.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

Go to: https://www.reuters.com/

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