Mixed signals as South Africa sees lower inflation yet rising food costs

So far, 2024 presents a mixed picture for South Africa’s economy. Headline inflation is easing, but consumers have seen over a 5% increase in prices, largely due to rising costs in food, housing, utilities and transport. As per IOL, the latest data from Statistics South Africa (Stats SA) shows a decline in annual consumer price inflation to 5.1% in December … Continue reading Mixed signals as South Africa sees lower inflation yet rising food costs