Economists expect the Reserve Bank to hike interest rates today (Thursday) on the back of surging fuel and food prices. The bank's Monetary Policy Committee is currently meeting. It had its last meeting in January before tensions between Ukraine and Russia escalated. Statistics South Africa has released the Consumer Price Index for February, which is unchanged from January's figure of five-point-seven percent year-on-year. On a month-on-month basis, February's CPI was higher at zero-point-six percent, compared with zero-point-two percent in January.  Economists say the Reserve Bank could probably hike rates between 25 to 50 basis points to try and tackle rising inflation. For on this here is Chief Economist at the Efficient Group, Dawie Roodt