Mail & Guardian
Mail & Guardian

Inflation eases in June to lowest rate this year

1 min read
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not domestic demand — are complicating the South African Reserve Bank’s interest rate outlook

Statistics South Africa data released on Wednesday showed that the CPI annual rate was 5.1% in June compared with 5.2% in May

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