WATCH: Why consumer inflation accelerated in January
Nedbank CIB’s Reezwana Sumad discusses the consumer inflation data with Business Day TV
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.
Or listen to the full audio: