South Africa, Inflation
South Africa Inflation Quickens Slightly to 2.9% Y/y in November
JOHANNESBURG (Reuters) - South Africa's headline consumer inflation rose to 2.9% year on year in November from 2.8% in October, data from the statistics agency showed on Wednesday. In month-on-month terms inflation was at 0.0% in November, versus -0.1% in October.
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While interest rate cuts on the horizon for 2025 financial struggles will persist for South African consumers.
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Although inflation has ticked slightly higher in South Africa, food inflation figures have hit the best level in over a ...
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Famous Brands is closing underperforming outlets like Steers and Debonairs across South Africa as pressure on consumers over ...
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