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MARKET WRAP: JSE muted as investors digest US consumer inflation report

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US inflation shows signs of moderating; rand extends losses

The JSE was little changed on Wednesday and global markets were mixed as investors digested the latest US consumer inflation data.

The US’s April consumer price index rose 4.9% year on year, coming in less than the 5% annual increase expected and below March’s data. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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