CPI drops to 4.4% in April - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Statistics South Africa has revealed that the annualEconomists say the lower inflation figure is a welcomed surprised and an indication of a controlled inflation environment.

An Economist at NKC Economists Elize Kruger says, “So clearly today we see that inflation remains well under control, also core inflation came in at only 4,1% that is down from 4, and 4% from the previous months. We see that there’s very little demand side on pricing. The main reason in terms of the monthly growth rate of 0,6 in April were indeed higher fuel prices.”

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