South Africa's consumer inflation quickens to 7.8% y/y in July
South Africa's headline consumer inflation quickened to 7.8% year on year in July from 7.4% in June, data from Statistics South Africa has shown.
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.