Facebook
 
 

20.01.202109:05:00UTC+00South Africa Inflation Eases In December

South Africa's consumer price inflation eased in December, figures from Statistics South Africa showed on Wednesday.

The consumer price index rose 3.1 percent year-on-year in December, after a 3.2 percent increase in November. This was in line with economists' expectation.

The main contributions to the annual inflation came from food and non-alcoholic beverages, housing and utilities, and miscellaneous goods and services.

Prices for food and non-alcoholic beverages increased by 6.0 percent annually in December and housing and utilities cost rose by 2.7 percent.

Prices of miscellaneous goods and services rose 7.0 percent.

On a month-on-month basis, consumer price grew 0.2 percent in December, in line with economists' expectation.

The core inflation, which excludes prices of non-alcoholic beverages, fuels and energy, was 3.3 percent in December. This was in line with economists' expectation.

On a monthly basis, the core CPI rose 0.2 percent in December, in line with economists' expectation.

In 2020, average annual inflation eased to 3.3 percent from 4.1 percent in 2019.



In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.