LO­CAL IN­FLA­TION LOW

Finweek English Edition - - ECONOMIC TRENDS -

Ned­bank re­ports food in­fla­tion in SA in Novem­ber picked up slightly – to 1,3% year-on-year from 1% in Oc­to­ber – due to higher prices for bread and ce­re­als, meat, oil and fats as well as sugar and sweets. Over the month, prices were 0,5% higher. Stan­lib’s Kevin Lings says a sus­tained rise in food prices world­wide and/or rand weak­ness could lead to higher food in­fla­tion.

Con­sumer in­fla­tion

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