Annual consumer price inflation for October was only 2.8%, down from 3.8% in September 2024.

News24

South Africa

News24 Business | Inflation lower than expected, with food prices the coolest since 2019

Media Bias/Fact Check

24.com

JOHANNESBURG (Reuters) –     South African retail sales rose 0.9% year on year in September after rising by a revised 3.3% in August, Statistics South Africa figures showed on Wednesday. Sales fell 0.8% month on month in September.  (Reporting by Tannur Anders and Bhargav Acharya; Editing by Alexander Winning)

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WTVB

Midwest Communications

South African retail sales rise 0.9% year on year in September

Annual consumer inflation was 2.8% in October, a sharp decline from the previous month and its lowest level since June 2020

Business Live

Johannesburg

City of Johannesburg Metropolitan Municipality

Gauteng

Inflation eases for fifth consecutive month

Inflation in South Africa fell to its lowest level in four years in October, official data showed on Wednesday. “Annual consumer price inflation was 2.8 percent in October 2024… the lowest since June 2020 (during the COVID-19 pandemic) when the rate was 2.2 percent,” Statistics South Africa (Stats SA) said in a statement.  The South African Reserve Bank (SARB) is scheduled to meet on Thursday, 21 November and could well cut interest rates based …

The South African

Inflation in South Africa falls to four-year low

Inflation, at 2.8%, has halved over the past 8 months.

Inflasie, op 2,8%, het die afgelope 8 maande gehalveer.

Netwerk24 | Inflasie sak tot onder 3% – die eerste keer in 53 maande

Netwerk24

Network24 | Inflation drops below 3% - the first time in 53 months

A decline in US influence in Africa means US President-elect Donald Trump‘s administration will have to grapple with blind spots in its understanding of a fast-changing continent increasingly allied with China and Russia and threatened by spreading jihadist insurgencies. Interviews with eight current and former officials along with a review of US government watchdog reports show that a dearth of staff and resources under President Joe Biden at e…

SABC News

ANALYSIS | Trump inherits waning US strength in Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The annual inflation rate slowed sharply to 2.8% in October, data showed on Wednesday.

TechCentral

Inflation plunges more than expected in South Africa - TechCentral

Statistics South Africa on Wednesday said South Africa’s inflation rate dropped in October to its lowest level since the peak The post South Africa inflation drops to its lowest in over 4 years appeared first on National Accord Newspaper.

National Accord Newspaper

South Africa inflation drops to its lowest in over 4 years — National Accord Newspaper

South Africa Retail Sales (YoY) dipped from previous 3.2% to 0.9% in September

FXStreet

Statistics South Africa said falling fuel prices were the primary driver of the slowdown in the headline rate from 3.8% in September. Octobers reading is the lowest inflation has been since June 2020,

News24 Business | Inflation lower than expected, with food prices the coolest since 2019

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