Johannesburg - South Africa’s inflation rate fell from the highest level in four years to 6 percent in September.
Inflation decelerated from 6.4 percent in August, the Pretoria-based statistics office said on its website today.
The median estimate in a Bloomberg survey of 26 economists was 6 percent.
Consumer prices increased 0.5 percent in the month.
Policy makers are trying to balance risks from price pressures following a 14 percent drop in the value of the rand against the dollar this year with forecasts of the slowest economic growth since a recession in 2009.
The central bank has kept the benchmark interest rate at a 30-year low of 5 percent since July 2012.
Inflation breached the bank’s 3 percent to 6 percent target in July for the first time in 15 months.
Inflation probably peaked in the third quarter, according to the Reserve Bank. - Bloomberg News