CPI rises to 5.1% year/year in October

South Africa‘s headline consumer inflation rose to 5.1% year-on-year in October, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, inflation was flat at 0.5% in October after the same rate of expansion in September.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.2% year-on-year in October, also unchanged from the previous month.

On a month-on-month basis core inflation slowed to 0.1% from 0.5% in September.