Share

SA consumers forced to tighten belts as CPI rises to 3.2% y/y in March

South Africa’s headline consumer price inflation rose to 3.2 per cent year-on-year in March from 2.9 per cent in February. Statistics South Africa said CPI was flat at 0.7 per cent on a month-on-month basis. Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, was at 2.5 per cent year-on-year in March, from 2.6 per cent previously. Joining CNBC Africa for more is Patrick Kelly Chief Director at Statistics South Africa, Grace Rodrigues from Bryanston, Tshepang Mofokeng from Katlehong.

Wed, 21 Apr 2021 12:04:10 GMT

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.