South Africa Consumer Inflation Quickens to 4.0% Y/y in April

South Africa: Annual Consumer Price Inflation in April Surges to 4 Percent, More Pain On the Way

The April consumer price inflation read is the first clear indication of the domestic inflation and interest rate trajectory in the wake of the Iran war, and it is not good, folks.

Consumers face double blow as inflation rises and rate fears return – The Mail & Guardian

South Africans could face rising living and borrowing costs after inflation accelerated sharply in April, raising questions over whether interest rate hikes can curb price pressures increasingly driven by global fuel shocks rather than domestic demand.  Consumer inflation rose to 4% in April from 3.1% in March, according to figures released by Statistics South Africa on Wednesday.  The increase returns headline inflation to the midpoint of the S…

Annual consumer price inflation in April surges to 4%, more pain on the way

The April consumer price inflation read is the first clear indication of the domestic inflation and interest rate trajectory in the wake of the Iran war, and it is not good, folks.

South Africa Inflation Hits 4% as Iran War Lifts Fuel Prices

South African annual inflation accelerated to the highest level in 20 months in April, driven by sharp increases in domestic fuel costs stemming from the Iran war.

South Africa consumer inflation quickens to 4.0% y/y in April

Historical surge in fuel prices triggers inflation jump to 4%

The price for inland 93 octane petrol rose to R23.25 a litre in April, the fifth largest increase for this grade in 50 years and the largest this century.