Inflation accelerates to 5.1% | Fin24
 
  • SA Revenue Service

    The tax agency says a unit that tackles illicit financial flows has recovered R2.6bn since April 2019.

  • Eskom

    The power utility has brought back a former manager to head up its Kusile construction.

  • Zimbabwe

    The country has turned to UAE in hopes of selling a stake in its national oil company.

Loading...

Inflation accelerates to 5.1%

Oct 18 2017 10:11
Lameez Omarjee

Johannesburg – Inflation increased to 5.1% for September 2017, according to data from Statistics South Africa.

The consumer price index (CPI), released on Tuesday, shows that on average prices increased 0.5% between August and September. Inflation increased by 0.3 of a percentage point from the 4.8% annual rate reported in August.

Contributors to the annual CPI include food and non-alcoholic beverages; the index increased by 5.5% year-on-year (y/y). Housing and utilities increased by 4.9% y/y and transport increased by 5.6% y/y.

The index for miscellaneous goods and services increased by 7.6% y/y. 

The CPI for goods increased by an annual rate of 4.4%, up from 4% in August and the CPI for services increased by 5.8%, up from 5.6% in August. 


SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

Read Fin24's top stories trending on Twitter:

stats sa  |  inflation  |  sa economy  |  cpi
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote

Loading...