Mail & Guardian
Mail & Guardian

Annual Consumer Price Inflation

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Consumer inflation edged higher to April to 2.8% year-on-year from 2.7% in March, driven mainly by the housing and utilities as well as the alcoholic beverages and tobacco categories, Statistics South Africa said on Wednesday.
ANNUAL CONSUMER PRICE INFLATION

Inflation eases to 2.7% year-on-year in March

The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead

  • Aarti Bhana
1 min read