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Impact of coronavirus (COVID-19) on projected inflation in South Africa in 2020 and 2021

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Source

Release date

June 2020

Region

South Africa

Survey time period

June 2020

Supplementary notes

Assumptions:
1) Baseline scenario: pandemic subsides in July 2020
2) Worst-case scenario: pandemic continues to December 2020

Citation formats

Impact of COVID-19 on projected inflation in South Africa 2020-2021

Published by Zeynep Dierks, Sep 22, 2020
As of June 2020, the projected inflation rate in South Africa for the same year was revised to *** percent, after the fallout of the coronavirus outbreak. The projection was done under the assumption of a worst-case scenario, where the pandemic persists to the end of 2020. Before the occurrence of COVID-19, the inflation rate was expected at *** percent.

On the other hand, the inflation rate for 2021 was reviewed to *** percent, in a worst-case scenario, whereas the previous outlook (before the pandemic) was at five percent.
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Topics

Coronavirus (COVID-19) in South AfricaCoronavirus COVID-19 in ChinaCoronavirus disease (COVID-19) pandemicCoronavirus (COVID-19) in the Middle East and North Africa
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