empty
 
 

2017.10.1804:24:00UTC+00South Africa Inflation Accelerates More Than Forecast

South Africa's consumer price inflation accelerated at a faster-than-expected pace in September, data from Statistics South Africa showed Wednesday.

The consumer price index climbed 5.1 percent year-over-year in September, following a 4.8 percent increase in August. Economists had expected the inflation to rise to 5.0 percent.

Prices of food and non-alcoholic beverages grew 5.5 percent annually in September and transport costs advanced by 5.6 percent.

On a monthly basis, consumer prices rose 0.5 percent from August, when it edged up by 0.1 percent. It was expected to increase by 0.4 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback