WATCH: Why inflation accelerated in December
RMB economist Siobhan Redford talks to Business Day TV about what the data suggests about the economy
Inflation ticked up in December in line with expectations, largely driven by fuel increases.
The print came in at 4% from 3.6%. This is the first uptick in four months, but it remains well below the SA Reserve Bank’s 3%-6% midpoint.
RMB economist Siobhan Redford joined Business Day TV to discuss what the data suggests about the economy.
South Africa's inflation rate picked up pace in December. CPI rose to 4%, after the previous month's near 9-year low, partly due to food and fuel price increases. Business Day TV unpacked the print with RMB Economist Siobhan Redford.
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