empty
 
 

2018.08.2204:55:00UTC+00South Africa's Inflation Accelerates In July

South Africa's inflation accelerated in July on higher housing and transport costs, figures from Statistics South Africa showed Wednesday.

Consumer price inflation rose to 5.1 percent in July, in line with expectations, from 4.6 percent in June. A similar higher rate was last seen in September 2017.

On a monthly basis, consumer prices gained 0.8 percent in July, as expected.

Data showed that consumer prices for goods grew 5.3 percent on year and that for services advanced 5 percent. Housing and utilities prices climbed 5.2 percent and transport costs surged 10 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