Inflation cools for third consecutive month

Sep 18, 2024

Stats SA says August inflation rate is the lowest since 2021

​Stats SA says August inflation rate is the lowest since 2021   

Consumer inflation slowed for the third consecutive month, moderating to 4.4% in August from 4.6% in July. This was below consensus expectations, which forecast inflation would remain at 4.6% or slow slightly to 4.5%.

According to Stats SA, which published the August inflation data on Wednesday, this was the lowest inflation print since 2021…

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