Consumer Price Inflation rate decreased to 5.7% in January - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Figures released by Statistics South show that the headline CPI decreased to 5.7% in January from 5.9% in December, largely due to lower fuel prices.

A member of the Save Act, an informal savings club known as stokvels, counts bank notes before making her contribution during one of their gatherings in Vanderbilpark, in the south of Johannesburg, South Africa, September 11, 2021.Consumer Price Inflation decreased to 5.7% in January from 5.9% in DecemberMotorists and businesses breathed a little easier in January as fuel prices dropped by 2.8% from the record highs in December 2021.

Core inflation, which excludes food and non-alcoholic beverages, as well as fuel and energy prices from the CPI, came out at a subdued 3.5% , reflecting the impact of higher commodity prices. “The upside risk to the food inflation is due to weather conditions globally and generally and still elevated global food prices which will kind of offset the optimistic crop outlook domestically. And then on the transport of fuel side, although we do have oil prices focused to fall throughout the year we have seen that it has persisted at higher levels for much longer due to supply constraints, so the trajectory will depend much on developments on the supply side,” says Reddy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm sharing this because this was exactly how i saw so many posts about AmelieBtc1 and how she was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via his profile link below 👇👇 AmelieBtc1

I’ve been seeing tweet everywhere and lot of people keep saying reach out for Miss christina_wood0 and eventually I did and it turned out to be legit, contact Miss christina_wood0 for advise and support.

Lower

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MONEY LIVE | Oil hits 7-year highs as market fears Russian attack on Ukraine imminent | Fin24MONEY LIVE | Oil hits 7-year highs as market fears Russian attack on Ukraine imminent - Few month ago I was struggling to fend for my self and my kids ,at my last bus stop I decided to give Bitcoin trading a try ,through the help of _ambreymarcus1 I was able to earn R250,000 in 2 weeks thank you so much Mr _ambreymarcus1 .
Source: Fin24 - 🏆 21. / 63 Read more »

Short AstraZeneca shelf life complicates COVID vaccine rollout to world's poorest - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The relatively short shelf life of AstraZeneca Plc’s COVID-19 vaccine is complicating the rollout to the world’s poorest nations, according to officials and internal World Health Organization documents reviewed by Reuters. covid19 Be among success partakers And stop wishing to be successful, tyron_robert7 has been good in all trading effort Quick withdrawal without paying additional money or hidden fee At least everyone needs someone who can make a successful trade Send him a Dm and start up trading I'm sharing this because this was exactly how i saw so many posts about AmelieBtc1 and how she was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via his profile link below 👇👇 AmelieBtc1 There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about Hithermann123 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done
Source: SABCNews - 🏆 37. / 51 Read more »