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Britain’s economy slows more than expected in first quarter
Due to inflation, household spending in the first quarter of 2017 rose by 0.3%, its smallest increase since the final three months of 2014.
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Economists warn that inflation drop unlikely to continue
This is the first time in eight months the rate is back within the South African Reserve Bank’s target range of between 3 and 6%.
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Rand hits new 4-week high
The rand rallied to a 4-week high against the dollar after annual consumer inflation fell more than expected as food price rises eased.
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UK consumer spending grows at slowest rate in 3 years: Visa
In March alone, spending dropped 0.7% compared with the previous month, after being flat in February.
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Slow down in CPI rate was expected, says analyst
South Africa's consumer price inflation has slowed to 6.3% in February compared to the same time last year.
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CPI slows to 6.3% in February from 6.6% in January
On a month-on-month basis, inflation rose to 1.1% from 0.6% previously.
