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SA's consumer price inflation rises to 4.9% y/y in August
South Africa's headline consumer price inflation quickened to 4.9% year on year in August from 4.6% in July, data from Statistics South Africa showed on Wednesday.
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On a month-on-month basis, the consumer price index was at 0.4% in August from 1.1 % in the previous month.
Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, edged up slightly to 3.1% year on year in August, from 3.0% previously. On a month-on-month basis core inflation was at 0.3% from 0.5% previously.
Source: Reuters
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/About Olivia Kumwenda-Mtambo
Reporting by Olivia Kumwenda-Mtambo; Editing by Emma RumneyRelated
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