South Africa Posts 3.6 Percent Increase in October Inflation
The rise was fueled by higher prices in transportation, recreation, and alcoholic beverages and tobacco. Meanwhile, inflation for food and non-alcoholic beverages slowed to 3.9 percent from 4.5 percent.
Meat prices, although slightly lower than in September, stayed elevated due to persistent challenges in the livestock sector. Dairy and eggs continued to decline, with the category dropping 1.5 percent year-on-year.
Inflation varied across regions, with North West reporting the highest at 4.3 percent, while the Eastern Cape recorded the lowest at 3.1 percent.
Analysts noted that the data reflect ongoing price pressures in transport and leisure sectors, even as food inflation shows signs of easing.
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