Western Cape and South Africa Food Inflation Rates

The WC food CPI decreased to 9,5% in July, 0,6 percentage points lower than South Africa’s 10,1%. Load shedding and the weakening exchange rate remains key drivers to upward pressure. The continuous hikes in the repo rate have assisted in the headline CPI decreasing to below 6%, falling within the target range.

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Source https://www.statssa.gov.za/?page_id=1859
Autor City of Cape Town
Maintainer Dilshaad Gallie
Last Updated Decembrie 3, 2024, 11:01 (SAST)
Creat August 27, 2024, 14:56 (SAST)