Featured World News

South African consumer inflation rises to 4.3%

South Africa’s headline consumer inflation quickened to 4.3 per cent year-on-year in August from 4.0 per cent in July, data from Statistics South Africa showed on Wednesday.

On a month-on-month basis, inflation rose 0.3 per cent, after rising 0.4per cent in the previous month.

Core inflation – which excludes the prices of food, non-alcoholic beverages, petrol and energy – was at 4.3 per cent year-on-year in August versus a 4.2 per cent increase in July.

It hits 0.1per cent month-on-month from 0.4per cent in the prior month.

Related posts

Accident: NPA clears right of way at Tin Can Island Port

By Meletus EZE

2023: Kogi activist faults Afe Babalola’s call for interim govt

Our Reporter

China pledges more win-win relations with Nigeria

Editor

Crude Oil Theft: Military Uncovers Illegal Refining Sites, Destroys Facilities In S’South

Our Reporter

Our economic policies are making desired impact, Buhari tells business community in Lagos

Editor

Dangote Cement appoints new DG MD/CEO

Our Reporter