Consumer inflation slows to 4.1% yr-on-yr in September
South Africa’s headline consumer inflation slowed to 4.1% year-on-year in September, from 4.3% in August, data from Statistics South Africa showed on Wednesday.
On a month-on-month basis price-growth was flat, at 0.3%, the same rate of increase as in the previous month.
Core inflation – which excludes the prices of food, non-alcoholic beverages, petrol and energy – slowed to 4% year-on-year in September versus 4.3% in August, while on a month-on-month basis prices rose 0.2%, compared with a 0.1% increase in the prior month.
Source: moneyweb.co.za