Economic news

South Africa inflation stays below central bank target in November

2024.12.11 03:20

© Reuters. FILE PHOTO: Shoppers look for items as they shop at an outlet of retailer Checkers in Sandton City mall, in Sandton, South Africa, August 28, 2024. REUTERS/Lelethu Madikane/File Photo

JOHANNESBURG (Reuters) – South Africa’s headline consumer inflation rose to 2.9% year on year in November from 2.8% in October, data from the statistics agency showed on Wednesday.

In month-on-month terms inflation was at 0.0% in November, versus -0.1% in October.



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