Annual consumer inflation slows to nine-year low

File image: IOL
JOHANNESBURG – South Africa’s headline consumer price inflation slowed to 3.6% year-on-year in November, from 3.7% in October, data from Statistics South Africa showed on Wednesday.
The year-on-year CPI reading was the lowest since December 2010, when the rate was 3.5%, the statistics agency said.
On a month-on-month basis, price growth was 0.1%, versus 0.0% in the previous month.

Source: iol.co.za