Inflation rises in line with expectations

source: Sunday Standard
by Kabo Mokgoabone

The transport group index pushed the national year-on-year inflation rate higher in September, ending the months of softening Consumer Price Index (CPI) figures.

Central Statistics Offices (CSO) said inflation rose to 7.0 percent y/y in September from 6.7 percent y/y in August as a host of basket items, including clothing and footwear, transport, furnishing and equipment had an impact on the figures.

Food and non-alcoholic beverages remained steady. Analysts said the numbers are in line with expectations.

“Given that the September inflation number is in line with our [continue reading]


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