South Africa’s Commodities Prices Expected to Hold Steady

Global Business

Commodity prices in South Africa are not expected to significantly rise in the short term mostly because China, the world’s biggest resources importer, may not meet its 7.5% economic growth target over the next two years. Expectations are that it will be between 7.1% this year and 7% in 2015. But as Angelo Coppola reports, it is not all bad news.

South Africa’s Commodities Prices Expected to Hold Steady

Commodity prices in South Africa are not expected to significantly rise in the short term mostly because China, the world's biggest resources importer, may not meet its 7.5% economic growth target over the next two years. Expectations are that it will be between 7.1% this year and 7% in 2015. But as Angelo Coppola reports, it is not all bad news.