Consumer inflation accelerated marginally to 7.6 percent in October (7.5 percent September). Main contributors were food, non-alcoholic beverages, housing and utilities and transport. Regulated administered prices eased to an annual increase of 15.2 percent (16.8 percent September). CPI (excluding regulated administered prices) increased by 6.6 percent. Inflation in provinces such as Eastern Cape, Northern Cape,…
Regulated administered prices increased by 23.4 percent y-y, pushing overall consumer inflation to 7.4 percent in June 2022.
CPI breached the Reserve Bank’s upper target and increased by 6.5 percent y-y in May 2022 from 5.9 percent in April.
Consumer inflation was unchanged at 5.9 percent for April 2022, remaining near the Reserve Bank’s upper target range of 6 percent. The repo rate was increased by 25 basis points at the last three meetings and the pace of increase is expected to gain momentum as inflationary risks escalate.
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
