The annual inflation rate dipped to 6% in September, from the 6,4% registered in August. Much of the monthly increase of 0,5% came from strong increases in basic necessities such as maize meal, rice, bread and meat.<\/p>\n
Food prices increased by 0,8% from August to September – the highest monthly increase since January this year. The increase was influenced by large price inflation in staples such as super maize meal (up 4,3% from August), rice (1,5%) and white bread (0,8%). White bread has an annual inflation rate of 11,5% but maize meal has only increased by 1,6% over the past year.<\/p>\n
Meat prices increased by 0,4% between August and September, the first monthly increase since March 2013. Both beef (0,8%) and chicken (0,6%) showed increases.<\/p>\n
The monthly decrease in the petrol price helped to moderate inflation this month. However, public transport fares (which some are surveyed only quarterly) rose. Taxi fares increased by 0,6% but long distance bus prices were up by 2,9% from the previous survey period.<\/p>\n
Download \u2013\u00a0CPI Publication<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The annual inflation rate dipped to 6% in September, from the 6,4% registered in August. Much of the monthly increase of 0,5% came from strong increases in basic necessities such as maize meal, rice, bread and meat. Food prices increased by 0,8% from August to September – the highest monthly increase since January this year. read more »<\/a><\/p>\n