
CPI cools to 5.4% y/y in June
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Inflation has eased to 5.4% year-on-year in June from 6.3% previously.
The slowdown was mainly driven by lower food prices during the
period. Inflation is now back within the Sarb's
target range of 3% to 6% for the first time in 14-months. Business Day TV unpacked the print in greater
detail with Azar Jammine, Chief Economist at Econometrix.
The slowdown was mainly driven by lower food prices during the
period. Inflation is now back within the Sarb's
target range of 3% to 6% for the first time in 14-months. Business Day TV unpacked the print in greater
detail with Azar Jammine, Chief Economist at Econometrix.