Inflation within target range

Inflation is expected to
remain within its target
range for the next two
years, according to the
South African Reserve
Bank (SARB).
In its October
Monetary Policy
Review released last
week, the SARB said
the central projection
of the baseline forecast
shows that inflation is
expected to reach a low
point of 3.7% in the
third quarter of 2010.
The target range is
between 3 and 6%.
Inflation is expected
to remain within the
target range until the
end of the forecast
period, averaging 4.8%
in 2011 and measuring
5.1% in the final quarter
of 2012, according to
BuaNews.