Скачать или смотреть South Africa’s Inflation Update: December 2024 📊

South Africa’s inflation rate ticked up in December 2024, rising from 2.9% to 3%, but it’s still comfortably below the South African Reserve Bank’s 4.5% target. 🛒

What’s behind the numbers?

Miscellaneous goods and services held steady at 6.6%.
Housing and utilities cooled off to 4.4%, down from 4.7%.
Alcohol and tobacco slowed to 4.3%, while food prices rose slightly to 2.5%.
💡 Here’s the twist: Core inflation, which excludes food and fuel, dropped to 3.6%, its lowest level since February 2022!

On a monthly basis, prices barely moved, edging up just 0.1%, following a flat November.

Inflation affects everyone, but these steady trends suggest South Africa’s price game is well-managed!

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