SA’s average annual inflation fell to 16-year low in 2020
Inflation in December fell to 3.1% in December, according to Stats SA
20 January 2021 - 11:04
SA’s inflation rate fell to its lowest rate in more than a decade in 2020, as Covid-19 took the wind out of consumers’ sails and put pressure on fuel prices.
Inflation, measured by the annual change in the consumer price index, averaged 3.3% in 2020, Stats SA said on Wednesday, adding that this is its lowest rate since 2004...
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