Zuko Komisa

According to Statistics South Africa, annual consumer price inflation fell to 4.6% in July from 5.1% in June.
The July inflation rate is the lowest in three years, dating back to July 2021. Several product areas experienced lower annual rates, including food and non-alcoholic beverages and transportation.
Stats SA announced the most recent inflation numbers on Wednesday morning.
“After holding steady for ten months in the 5–6% range, annual consumer price inflation slowed to 4,6% in July from 5,1% in June. The July inflation print is the lowest in three years since July 2021, when the rate was also 4,6%. Lower annual rates were recorded for several product groups, most notably food & non-alcoholic beverages (NAB), transport, and housing & utilities.The monthly increase in the consumer price index (CPI) was 0,4%, higher than the 0,1% rise recorded between May and June.” said Stat SA
Annual consumer price #inflation declined to a 3-year low of 4,6% in July from 5,1% in June.
— Stats SA (@StatsSA) August 21, 2024
Listen here for more: https://t.co/AfXUESg84w #StatsSA #CPI pic.twitter.com/ZuA2cNBm7x
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