South Africa’s consumer price inflation slows to 4.9% y/y in June


JOHANNESBURG, July 21 (Reuters)South Africa’s headline consumer price inflation slowed to 4.9% year on year in June from 5.2% in May, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, the consumer price index was at 0.2% in June from 0.1% in the previous month.

Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, rose slightly to 3.2% year on year in June, from 3.1% previously. On a month-on-month basis core inflation in June was at 0.3% from 0.0% previously.

(Reporting by Olivia Kumwenda-Mtambo Editing by Tanisha Heiberg)

(([email protected]; +27 10 346 1084;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

ADVERTISEMENT



Source link : https://www.nasdaq.com/articles/south-africas-consumer-price-inflation-slows-to-4.9-y-y-in-june-2021-07-21

Author :

Publish date : 2021-07-21 08:00:20

share on: