South Africa’s CPI reveals moderate inflationary increases in Feb 2019

PUBLISHED: Wed, 20 Mar 2019 10:42:30 GMT

South Africa’s consumer price index was released by stats South Africa. Consumer Price Inflation rose by 0.1 per cent to 4.1 per cent month-on-month. The overall change to the consumer price Index was an increase of 0.8 per cent month-on-month in February 2019, the index increased by 3.6 per cent year on year. Joining CNBC Africa to unpack these numbers is Nesan Nair, Senior Portfolio Manager Sasfin Securities.