WATCH: March inflation ticks up on rising food prices
Business Day TV speaks to Xhanti Payi, an economist at PwC
19 April 2023 - 21:23
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Inflation ticked up in March to 7.1% year on year from 7% in February as food and transport costs failed to abate. Food and nonalcoholic beverages increased by 14% year on year, while transport costs accelerated by 8.9% during the period. Business Day TV sat down with Xhanti Payi, an economist at PwC, for his analysis of the print and what it suggests for monetary policy.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: March inflation ticks up on rising food prices
Business Day TV speaks to Xhanti Payi, an economist at PwC
Inflation ticked up in March to 7.1% year on year from 7% in February as food and transport costs failed to abate. Food and nonalcoholic beverages increased by 14% year on year, while transport costs accelerated by 8.9% during the period. Business Day TV sat down with Xhanti Payi, an economist at PwC, for his analysis of the print and what it suggests for monetary policy.
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