SA’s annual inflation rate eased further in May, reaching a 13-month low and moved closer to the upper limit of the Reserve Bank’s 3%-6% target range, thanks to slowing food and transport prices, Stats SA said on Wednesday.

Headline consumer inflation cooled for a second consecutive month in May, to 6.3% from 6.8% in April. That’s the lowest level since April 2022 when the rate was 5.9%...

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