Bad news for consumers in South Africa

South Africans should expect inflation to remain elevated in the coming months, economists say, as higher diesel prices and input costs ripple through the entire producer supply chain.

The Bureau for Economic Research (BER)’s outlook for CPI sits around 7% year-on-year for the next several months, coming off the back of annual producer price inflation (PPI), which remains elevated.

Bad news for consumers in South Africa (businesstech.co.za)

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