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SA Consumer Inflation Quickens To 4.5% In May

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South Africa’s headline consumer inflation inched higher to 4.5% year on year in May from 4.4% in April, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis prices rose 0.3% from a 0.6% increase previously.

Core inflation – which excludes the prices of food, non-alcoholic beverages, petrol and energy – was at 4.1% year on year versus a 4.1% increase in April, and was at 0.0% month on month compared to 0.3% increase last month.

EWN

The post SA Consumer Inflation Quickens To 4.5% In May appeared first on iAfrica.com.

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