Eyewitness News20 March 2024 | 8:55
CPI rises again, to 5.6% in February
Stats SA says product categories that drove much of the upward momentum include housing and utilities, food and non-alcoholic beverages as well as transport.
Image: Mohamed Hassan/Pixabay
JOHANNESBURG - The consumer price inflation (CPI) has risen for a second consecutive month, to 5,6% in February.
This is from 5,3% in January and 5,1% in December.
Statistics South Africa says product categories that drove much of the upward momentum include housing and utilities, food and non-alcoholic beverages as well as transport.
Potatoes, eggs and sweet potatoes recorded the sharpest price increases in the 12 months to February.
A 10,3% month-on-month increase in medical aid premiums was also recorded.