SA’s June CPI quickens

File picture: Stefan Wermuth

File picture: Stefan Wermuth

Published Jul 20, 2016

Share

Johannesburg - South Africa's headline consumer inflation quickened to 6.3 percent year-on-year in June from 6.1 percent in May, data from Statistics South Africa showed on Wednesday.

Economists polled by Reuters expected CPI to quicken slightly to 6.2 percent year-on-year in June.

Prices were up 0.6 percent on a month-on-month basis, after a 0.2 percent increase previously.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, rose slightly to 5.6 percent year-on-year in June from 5.5 percent, and to 0.4 percent month-on-month from 0.2 percent.

REUTERS

Related Topics: