Inflation comfort

THE LATEST numbers from Statistics SA show the following inflation rates for April: CPIX – 3.8%; CPI – 3.4%; Core CPI – 4.0%. Commented Standard Bank economist, Elna Moolman: “The inflation outlook remains target-friendly, with inflation forecasts approaching, but not breaching, the target band’s ceiling.”

© Now Media. This content is protected by copyright and may not be adapted or republished. If you would like to discuss cooperation opportunities, please contact: editor@freightnews.co.za.