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June inflation rate rises to a two year high

# South Africa’s annual consumer inflation rose to five-percent in June, up from 4.5-percent in May – the highest since June 2024 when it stood at 5.1-percent. Statistics South Africa says transport, housing, and utilities were the main contributors to the increase. The higher inflation rate reflects rising costs faced by households and businesses. Stats SA’s Patrick Kelly says policymakers continue to monitor price pressures across the economy.