Inflation falls to 3-year low

(Also read the following related article: "South Africa’s economy to grow (at least) 4% by yearend, says FMF economist")

South Africa’s Consumer Price Index (CPI) slowed to 4.4 percent – a three-year low - in January from 5.3 percent in December, according to Statistics SA figures that were released on Wednesday.

Economists credit lower fuel prices for most of the drop in inflation.

Core inflation, which strips out highly volatile food and energy costs, rose to 5.8 percent from 5.7 percent.


This article first appeared on 702 : Inflation falls to 3-year low


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