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Annual consumer inflation was unchanged at 3.2% in February at 3.2%, with increases registered in housing and utilities, food and alcoholic beverages and restaurants and accommodation offset by decreases in the services sector, Statistics South Africa said on Wednesday. (Guillem Sartorio/Bloomberg via Getty Images)
BUSINESS

Food inflation hits 14-year low in November

Annual consumer inflation edged up slightly to 2.9% from 2.8% in October

  • Anathi Madubela
2 min read
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.
BER INFLATION FORECAST

Inflation slows sharply in October, paving the way for another interest rate cut

Data from Statistics South Africa showed that the CPI annual rate braked to 2.8% – a four-year low

  • Anathi Madubela
3 min read
File photo by Delwyn Verasamy/M&G
CONSUMER INFLATION AUGUST 2024

Inflation dips to 4.4% in August, fuelling hopes for interest rate cut

Inflation slowed for a third consecutive month, to the lowest it has been since April 2021.

  • Anathi Madubela
2 min read