South Africa: Shocker As Inflation Breaches Sarb Band Yet Again

The annual consumer price inflation (CPI) was 7% in February 2016, up from 6.2% in January 2016 - when it breached the SA Reserve Bank's target range, Statistics SA announced on Wednesday.

This is the highest rate since May 2009 when the rate was 8%. The CPI increased by 1.4% month-on-month in February 2016.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.