The JSE closed firmer on Wednesday, strengthening along with its global peers after US consumer inflation came in better than expected.

The consumer price index (CPI) for April rose 0.3%, less than the market estimates for a 0.4% monthly increase. On a year-on-year basis, CPI rose 3.4%, in line with expectations. Core CPI, which strips away volatile food and energy prices, was in line with expectations for both the month and year...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.