logo

SA’s annual inflation rate for April down 0.1% to 4.4%

PUBLISHED: Wed, 22 May 2019 10:37:36 GMT

Share

South African consumer price inflation has dipped by 0.1 per cent in April to 4.4 per cent. The SARB indicator continues to reveal a contracting South African economy. Rising fuel costs lead to higher food prices resulting in strained consumer spending. Joining CNBC Africa to discuss April’s CPI and shares that win and lose is Craig Pheiffer, Chief Investment Strategist, Absa Stockbrokers and Portfolio Management.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED