Consumer price inflation at 5.8%

Comment on this story

Johannesburg - South Africa's headline consumer inflation accelerated to 5.8 percent year-on-year in January from 5.4 percent in December, Statistics South Africa said on Wednesday.

On a month-on-month basis, CPI quickened to 0.7 percent compared with 0.3 percent in December.

Economists surveyed by Reuters expected a year-on-year rate of 5.7 percent and 0.6 percent month-on-month.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was unchanged at 5.3 percent year-on-year and 0.3 percent on a month-on-month basis. - 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