SA's August inflation quickens to 6.4 percent

However on a month-on-month basis, CPI slowed to 0.4 percent.

FILE: Consumer inflation quickened to 6.4 percent year-on-year in August, above market expectations of 6.2 percent. Picture: EWN.

JOHANNESBURG - South Africa's headline consumer inflation quickened to 6.4 percent year-on-year in August, above market expectations of 6.2 percent and compared with 6.3 percent in July.

However on a month-on-month basis CPI slowed to 0.4 percent from 0.8 percent in July.

Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, edged higher to 5.8 percent from 5.7 percent, but slowed to 0.3 percent month-on-month from 0.5 percent in July.