Inflation is expected to moderate in May due to lower fuel prices, while mining could see a bit of a recovery
Mining and inflation data for May will headline the week ahead’s economic releases, while market activity may continue to be guided by rising Covid-19 cases in SA and elsewhere.
Mining cratered in April, the month SA’s level 5 lockdown was in full effect, with economists expecting a contraction in May, though with a slightly better performance as miners returned to work.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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