On a month-on-month basis, the consumer price index decreased by 0.1% after increasing by 0.9% in July
Economists are uncertain about how the bank will adjust its policies based on the lower target it has signalled it wants to pursue
The key drivers were food and non-alcoholic beverages
Concerns over poultry and red meat supplies should not have a bearing in the long term
The rate is still within the Reserve Bank’s target range and supports the case for a further rate cut in the upcoming meeting, economists say
Agriculture in the country is experiencing a recovery season for its grain and oilseed production, although some areas may have quality problems
The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for households and businesses
South Africa’s food inflation rose to 4.4% in May but this is expected to be temporary
April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead