WATCH: Interest rate hike likely

Get ready to readjust your budget. The Reserve Bank is likely hike interest rates on Thursday.

JOHANNESBURG - The Black Friday specials may be tempting, but watch your pocket!

Interest rates are set to up again on Thursday.

WATCH | Interest rates set for another hike

The Reserve Bank has a stronger case to push up rates by a full percentage point after inflation unexpectedly ticked up.

Overall inflation rose to 7.6 percent from 7.5 percent the month before.

READ: Repo rate | MPC meets this week on rates

The figure surprised economists who largely projected inflation to ease.

Higher inflation supports the case for the Reserve Bank to hike interest rates.

The bank has repeatedly warned that it will use interest rates as a tool to curb price rises.

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