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Monthly Market Highlights – October 2024

| Investments, Market Forces

South Africa’s annual inflation rate fell below 4% in September, for the first time in over three years, supporting calls for potential further monetary easing by policymakers. Consumer prices in SA rose by 3.8%, down from 4.4% in August. In the UK, inflation declined significantly to 1.7% in September, intensifying market speculation that there could be a rate cut by the Bank of England in November. Meanwhile, the European Central Bank implemented its third rate cut of the year in October, reducing the benchmark rate by 25 basis points to 3.25% — signaling that inflation across the Eurozone is increasingly under control.

Please click here to read more in our Monthly Market Highlights. This document is a more thematic and visual economic and market recap in the form of graphs, articles and other news items from different publications and media.

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