Cost of Living | Inflation edges up to 3.2%

Cost of Living | Inflation edges up to 3.2% 1/2
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02:18
02:18
 

JOHANNESBURG - Inflation has edged up in the first month of 2025.

Annual consumer price inflation was 3.2% in January, up from 3% in December.

The main contributing factors are increases related to housing and utilities, food and non-alcoholic beverages and restaurants and accommodation services.

Economists expected this increase, as fuel price rises and global trade tariff uncertainty hasten price increases.

This could also influence future interest rate decisions by the South African Reserve Bank.

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