Cpi
Food, non-alcoholic beverages price help push CPI to seven-month high
The price increases are still within targets set by the South African Reserve Bank, which aims to have the inflation rate between 3% and 6%.
The April CPI figure will now be published at the end of June.
Annual CPI inflation dipped lower to 4.1% in March from February’s reading of 4.6%, according to data from Stats SA on Wednesday.
On a month-on-month basis, price growth was at 1.0% in February, from 0.3% in the previous month.
The year-on-year CPI reading was the lowest since December 2010, when the rate was 3.5%
On a month-on-month basis price-growth was flat, at 0.3%, the same rate of increase as in the previous month.
Core inflation - which excludes the prices of food, non-alcoholic beverages, petrol and energy - was at 4.1% year on year versus a 4.1% increase in April.
Manufacturing, mining and retail indicators suggest the economy contracted in the first quarter of 2019 following nationwide electricity outages.
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% year on year in February, unchanged from the rate in January.
Statistics South Africa says headline consumer inflation fell to 4% year on year in January from 4.5% in the previous month.
Statistics South Africa released the data on Wednesday.
Stats SA has announced inflation numbers for October.
On a month-on-month basis, inflation quickened to 0.5% in September after contracting by 0.1% in August.
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, rose to 4.3% year-on-year from 4.2%.
StatsSA says that consumer inflation has increased to 4.6% in June from 4.4% in May due to a hike in housing, utilities and transport costs.
On a month-on-month basis, inflation slowed to 0.2% in May from 0.8% in April.
Stats SA says much of the increase was a result of price rises in product groups that attract specific taxes, namely alcohol, fuel and sugary drinks.
South Africa’s CPI slowed to 3.8% in March, the lowest figure since January 2011, as the end of the worst drought in decades helped push down food prices.
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was unchanged at 4.1% year-on-year in February.