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Consumer inflation ticked up to 3% in June, up from 2,8% in April and May, driven mainly by sharp increases in food and ...
Stats SA says that high beef prices were the main contributor to the 5.1% rise in food prices in the latest inflation print.
The annual Consumer Price Inflation was 3.0 percent in June. It's up from 2.8 percent in May. Lisette IJssel de Schepper, chief economist at the Bureau for Economic Research, said it was the fastest ...
Stats SA chief director of price statistics, Patrick Kelly, said the year-on-year rate for food and non-alcoholic beverages ...
But in June, food prices continued to heat up. Food and non-alcoholic beverages were 5.1% more expensive than a year ago. Beef was a big contributor, as foot-and-mouth disease fuelled price hikes.