The monthly change in the consumer price index (cpi) was 0,2%. Inflation expectations in south africa decreased to 5.33 percent in the first quarter of 2024 from 5.69 percent in the fourth quarter of 2023.
South africa inflation rate for 2022 was 7.04%, a 2.43% increase from 2021. South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.
Consumer Prices Climbed 5.3% From A Year.
Accordingly, the trend pointed down mildly, with annual average inflation coming in at 5.5% in march (february:
However, The Union Budget Is Expected To Be Declared Between July 22 And July 24.
Inflation has been above 5% for months, and the central bank estimated last month that inflation would only stabilise at 4.5% in the second quarter of 2025.
Images References :
British Medical Association (Bma) Members.
Drought conditions and higher oil.
Rangers Patrol At The Kainji Lake National Park In Nigeria’s Niger State, February 2023.
South africa’s inflation rate rose for the first time in three months in january on the back of higher fuel and food prices.