Consumer inflation ticks up in February
But even though inflation rose in February, global concern relating to Covid-19 and the oil price fall is likely to have a deflationary effect, one analyst says
18 March 2020 - 11:19
Inflation ticked up slightly in February to reach its highest level in over a year, data from Stats SA showed on Wednesday
The figures come as SA awaits Thursday’s monetary policy decision by the SA Reserve Bank, and as the economy is firmly in the grip of efforts to contain the spread of the coronavirus. As of Wednesday morning, confirmed cases in SA rose to 116...
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