CPI softens to 5.1% in June

Wednesday 24 July 2024 – 11:45am

JOHANNESBURG – Consumer inflation has dipped marginally from 5.2 percent in May to 5.1 percent in June.

Annual food inflation was the lowest in 45 months after stalling at 4.7 percent in April and May.

The annual rate for food and non-alcoholic beverages edged lower to 4.6 percent in June.

This month’s reading is the lowest since September 2020 at the peak of the Covid-19 lockdowns.