SA's Economic Trouble | Inflation to decrease but rates could rise

File: Inflation

File: Inflation. Pixabay/geralt


JOHANNESBURG - Stats SA is set to release the latest consumer price index figures on Wednesday.

READ: Inflation outlook | Economist says another two hikes coming

There has been a downward trend in headline inflation to 6-point-9-percent in January closer to the Reserve Bank target of between 3 and 6%.

However, food inflation continued to accelerate to 13.4% adding more pressure on cash-strapped consumers.


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