# Statistics South Africa has announced that annual consumer price inflation has eased to 4.3-percent last month, down from five-percent in June. The latest figure marks a moderation in price pressures, while consumer prices increased by 0.2-percent month-on-month. The decline in annual inflation brings price growth closer to the midpoint of the South African Reserve Bank’s target range. The data will be closely watched by policymakers when assessing future interest-rate decisions.
South Africa’s inflation rate falls to 4.3 percent