Consumer inflation slows to 6.3%

Comment on this story
ConsumerItems

Johannesburg - South Africa's headline consumer inflation slowed to 6.3 percent year-on-year in July, below market expectations of 6.4 percent and compared with 6.6 percent in June.

However, on a month-on-month basis consumer inflation quickened to 0.8 percent from 0.3 percent in June.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, edged higher to 5.7 percent from 5.6 percent, and slowed to 0.5 percent month-on-month compared with 0.6 percent in June. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines