Economy / General

Consumer inflation edged higher, recording 7.1% in March

Headline inflation was 7.1% y/y in March, up from 7.0% in February. Compared to the previous month, headline inflation lifted by 1.0%.

PPS Investments: CPI for March 2023

Consumer price inflation increased by 7.1% year-on-year in March 2023, slightly up from the 7.0% year-on-year print in the previous month.

South Africa records over 10% increase in exports, resulting in the largest trade surplus in six months

South Africa recorded a trade surplus of R16.1bn in February 2023 compared to a deficit of R22.7bn in January 2023, and higher than the market forecast of a R14.3 billion shortfall.

Economies at a glance March 2023