South Africa's consumer inflation quickens to 7.8% y/y in July

Source: Reuters.

On a month-on-month basis, consumer inflation was at 1.5% in July from 1.1% in the previous month.

Core inflation, which excludes prices of food, non-alcoholic beverages, fuel and energy, rose to 4.6% year on year in July, from 4.4% previously.

On a month-on-month basis core inflation was at 0.7% from 0.6% in June.