JOHANNESBURG - South Africa’s annual consumer price inflation quickened to 4.6 percent in June from 4.4 percent in May, data from the national statistics agency showed on Wednesday.
On average, prices increased by 0.4 percent between May and June, Statistics South Africa said.
Annual inflation remains comfortably within the 3-6 percent range targeted by the South African Reserve Bank, which is currently holding its latest once-in-two months policy meeting and will announce its decision on interest rates on Thursday.