Annual consumer inflation rises slightly to 3% in December
South Africa's annual consumer inflation increased to 3% in December, up slightly from 2.9% in November. The key contributors to this rise were housing and utilities, miscellaneous goods and services, food, and non-alcoholic beverages. Statistics South Africa’s Patrick Kelly noted that the average inflation rate for 2024 was 4.4%, a decrease compared to the 6% recorded in 2023. "In 2024, vehicle inflation saw a notable decline, starting the year […]