May inflation holds steady at 2.8%
Zuko Komisa Image | Adobe Stock The Consumer Price Index (CPI) in South Africa remained unchanged at 2.8 percent in May, according to the latest figures released by Statistics South Africa on Wednesday. While the annual inflation rate held steady, the CPI did see a modest 0.2 percent increase between April and May. Patrick Kelly, Chief Director at Statistics SA, highlighted the key driver behind this monthly uptick. "Food and […]