South Africa CPI rises to 5.1 pct year/year in October
A customer shops at a South African retailer Pick n Pay in Johannesburg, South Africa, April 19,2018. REUTERS/Siphiwe Sibeko
JOHANNESBURG (Reuters) – South Africa’s headline consumer inflation rose to 5.1 percent year-on-year in October, data from Statistics South Africa showed on Wednesday.
On a month-on-month basis, inflation was flat at 0.5 percent in October after the same rate of expansion in September.
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.2 percent year-on-year in October, also unchanged from the previous month.
On a month-on-month basis core inflation slowed to 0.1 percent from 0.5 percent in September.
Reporting by Mfuneko Toyana; Editing by James Macharia
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