Stats SA data shows Consumer Price Index increased slightly from 4,7% in July to 4,8% in August 2023

Drama/Umdlalo womoya · Sep 20, 2023 · 3m

The Consumer Price Index has increased slightly from four-point-seven per cent in July to four-point-eight per cent in August 2023. Statistics South Africa released the data earlier today, with an increase that is in line with analysts' expectations. Contributions to the increase came from food and non-alcoholic beverages, housing and utilities, as well as miscellaneous goods and services. Bongiwe Zwane spoke to Senior Economist at PricewaterhouseCoopers, Xhanti Payi.