Inflation has dropped to its lowest level in eight years. Figures by Statistics South Africa show that Consumer Price Inflation declined to 3.7% in October - from 4.1% in September 2019.
The main contributors to the reduction in the inflation rate came from food, housing, and utilities as well as miscellaneous goods and services.
For more news, visit sabcnews.com and also #SABCNews on Social Media.
The main contributors to the reduction in the inflation rate came from food, housing, and utilities as well as miscellaneous goods and services.
For more news, visit sabcnews.com and also #SABCNews on Social Media.
- Category
- South Africa
- Tags
- south africa, economy, inflation, interest rates
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