21 Nov 2018
Fuel price pushes inflation to 5.1%
By Janice Roberts
By Mamello Matikinca, FNB Chief Economist. Consumer price inflation rose 5.1% y/y in October from 4.9% in September; this was marginally lower than our expectation of a 5.2% y/y rise. The main driver behind the acceleration was the 99c/l rise in fuel prices, which translated into a 10.5% y/y rise in transport inflation – this...
