Discussion | Inflation cools to 4.6% in July

JOHANNESBURG - Some respite for consumers as inflation numbers show signs of a downward spiral.

CPI cooled to a three-year low of 4.6 percent in July.

READ: CPI declines to three-year low of 4.6%

That's just shy of the Reserve Bank's target range midpoint of 4.5 percent.

What does this mean with the Monetary Policy Committee meeting next month?.

Iraj Abedian, economist and founder of Pan-African Investment, unpacks this.