The variability of inflation is a challenge for budgeting. Picture: 123RF/LEON SWART
The variability of inflation is a challenge for budgeting. Picture: 123RF/LEON SWART

Consumer inflation accelerated by 4.5% year on year in January 2020.

This is up from December’s 4% year-on-year increase and is the highest uptick in seven months, but it still marks the 14th consecutive month that year-on-year inflation was at, or below, the midpoint of Reserve Bank’s 3%-6% target band.

Nedbank CIB’s Reezwana Sumad talks to with Business Day TV about the inflation data.

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