News Formal

Another inflation shocker: CPI remains red hot as food price hikes hit 14% | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Annual consumer price inflation is still heading higher – reaching 7.1% in March, up from 7.0% in February. Economists expected CPI to cool to below 7% in March. | News24_Business

News24 Business front pageContrary to forecasts, annual consumer price inflation is still heading higher – reaching 7.1% in March, up from 7.0% in February. Economists expected CPI to cool to below 7% in March.

But inflation has started cooling in the categories for bread and cereals , meat as well as oils and fats .Prices for personal care items increased by 11.1%, the highest rate since 2009. Primary and pre-primary school fees were up 6.3%, while fees for secondary school rose 5.8% and by 5.3% at tertiary institutions. Textbook prices jumped 11.3%, the largest annual increase since 2009.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 4. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

_Business Powder Keg for SA, given the huge amount of people 20m + just surviving. If SA was actually a functioning state, we are not, the Govt would have the capacity to investigate the gouging that goes on, where the prices are put up 25% by retailers to test the elasticity of demand.

_Business Meanwhile sassa pensioners get R10 increase

_Business When last did these economists go food shopping? Every week I buy less and pay more, and I am comfortably middle-class...

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

South African business confidence falls further in March - SACCISouth African business confidence fell further in March, with power blackouts, rising interest rates and lower share prices on the Johannesburg bourse among factors weighing on sentiment, data showed on Tuesday.
Bron: ReutersAfrica - 🏆 31. / 53 Lees verder »

Business confidence slips in March, but tourism a bright spotLoad-shedding, higher interest rates and JSE volatility push down business confidence index
Bron: BDliveSA - 🏆 12. / 63 Lees verder »