CPI rises to 4.6% year/year in June

South Africa‘s headline consumer inflation quickened to 4.6% year-on-year in June from 4.4%  in May, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, inflation rose to 0.4% in June from 0.2% in May.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, fell to 4.2% year-on-year from 4.4%, while on a month-on-month basis it rose to 0.2% from 0.0% previously.