South Africa consumer inflation slows to 7.4% y/y in November

JOHANNESBURG: South Africa’s headline consumer inflation slowed to 7.4% year on year in November from 7.6% in...
14 Dec, 2022

JOHANNESBURG: South Africa’s headline consumer inflation slowed to 7.4% year on year in November from 7.6% in October, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, consumer inflation was at 0.3% in November compared to 0.4% in the previous month. Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, was at 5.0% year on year in November, same as the previous month.

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On a month-on-month basis core inflation was at 0.1% in November, compared to 0.5% in the previous month.

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