South Africa's annual inflation rate fell to 4.3% in July, marking a significant decline driven by lower food prices, smaller municipal tariff increases, and falling fuel costs.
Food and nonalcoholic beverage prices record lowest rise since 2010
Business Day TV speaks to independent economist John Loos
South Africa’s inflation slowed to 4
Africa Intelligence Brief August 19: South African inflation fell to 4.3% in July as a Nairobi court heard 121 charges over US$12.1 million.
In simple terms, the drop in inflation was largely the result of cheaper food, lower fuel prices and smaller increases in municipal tariffs.