Johannesburg – November inflation has eased to 4.6%, according to data from Statistics South Africa.
This rate is 0.2 of a percentage point lower than the corresponding annual rate of 4.8% in October. The consumer price index increased by 0.1% month-on-month (m/m) in November 2017.
On average prices increased 0.1% from October.
Transport decreased from 0.8 of a percentage point in October to 0.6 of a percentage point in November. The
index increased by 4.4% year-on-year (y/y).
Food and non-alcoholic beverages contributed 0.1 of a percentage point in November. The index increased by
Transport contributed 0.1 of a percentage point in November. The index increased by 0.5% m/m.
In November the CPI for goods increased by 3.7% y/y (down from 4.1% in October), and the CPI for
services increased by 5.5% y/y, unchanged from October.
Provincial annual inflation rates ranged from 3.3% in North West to 6.0% in Western Cape.
CPI headline index numbers and year-on-year rate
Source: Statistics South Africa
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