{"id":136387,"date":"2025-11-12T21:44:08","date_gmt":"2025-11-12T21:44:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/136387\/"},"modified":"2025-11-12T21:44:08","modified_gmt":"2025-11-12T21:44:08","slug":"south-africa-adopts-3-inflation-goal-sees-higher-debt-peak","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/136387\/","title":{"rendered":"South Africa Adopts 3% Inflation Goal, Sees Higher Debt Peak"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">South Africa\u2019s finance minister adopted a 3% inflation target, giving political backing to the central bank which lobbied for the change, while cautioning that debt will now peak at a slightly higher level. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The inflation goal has been lowered to 3% with a 1 percentage point tolerance band, Enoch Godongwana told lawmakers in Cape Town on Wednesday. The central bank\u2019s previous 3% to 6% target range had been in place for a quarter century.<\/p>\n","protected":false},"excerpt":{"rendered":"South Africa\u2019s finance minister adopted a 3% inflation target, giving political backing to the central bank which lobbied&hellip;\n","protected":false},"author":2,"featured_media":136388,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[128,79001,72,46446,1322,18478,4990,113,77765,1523,61,1095,60,257,79002],"class_list":["post-136387","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bonds","tag-budget-surplus","tag-business","tag-cape-town","tag-debt","tag-economic-growth","tag-economics","tag-economy","tag-enoch-godongwana","tag-government","tag-ie","tag-inflation","tag-ireland","tag-south-africa","tag-tax-revenue"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/136387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=136387"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/136387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/136388"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=136387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=136387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=136387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}