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Wednesday, 18 September 2019 10:48

Consumer inflation quickens to 4.3% year-on-year in August.

South Africa’s headline consumer inflation quickened to 4.3% year-on-year in August from 4.0% in July, Statistics South Africa reported.

On a month-on-month basis, inflation rose 0.3%, after rising 0.4% in the previous month.

Core inflation, which excludes prices of food, non-alcoholic beverages, petrol and energy was at 4.3% year-on-year in August versus a 4.2% increase in July. It hit 0.1% month-on-month from 0.4% in the prior month.