{"id":38007,"date":"2026-06-25T10:34:02","date_gmt":"2026-06-25T08:34:02","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=38007"},"modified":"2026-06-25T10:34:02","modified_gmt":"2026-06-25T08:34:02","slug":"rand-steadies-ahead-of-producer-inflation-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-steadies-ahead-of-producer-inflation-data\/","title":{"rendered":"Rand steadies ahead of producer inflation data"},"content":{"rendered":"<div>The South African (SA) Rand steadied in early trade on Thursday as \u200btraders looked to local producer inflation \u200cdata due later in the day, while a stronger Dollar and falling oil prices shaped global \u200bmarkets.<\/div>\n<div><\/div>\n<div>The Rand traded \u200bat 16.5775 against the Dollar, little \u2060changed from its previous close.<\/div>\n<div><\/div>\n<div>The Dollar index \u200bheld near a 13-month high against a basket \u200bof currencies as traders bet on a strong United States economy propping up short-term interest rates and \u200bwaited on key inflation data, while oil \u200bprices extended their decline to near levels last seen \u200cbefore \u2060the start of the Iran war.<\/div>\n<div><\/div>\n<div>Statistics SA will publish May producer inflation numbers, with analysts polled by \u200bReuters expecting producer \u200binflation \u2060at 6.7% year on year.<\/div>\n<div><\/div>\n<div>ETM Analytics said in a research note \u200bthat producer price inflation would \u200bprobably \u2060jump but might be overshadowed by falling oil prices.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond \u2060was \u200bslightly firmer in early \u200bdeals, as the yield fell 2 basis points to 8.265%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-38007","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA Rand steadied in early trade on Thursday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38007\/revisions"}],"predecessor-version":[{"id":38008,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/38007\/revisions\/38008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14374"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=38007"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=38007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}