Economy

Inflation remains contained but a rate cut is still unlikely

Unemployment rate increases in 2019Q1

PPS Investments commentary on Stats SA’s CPI for March

Consumer price inflation increased by 4.5% year-on-year as at the end of March 2019. This was up from the 4.1% year-on-year increase in February. The 4.5% year-on-year increase was however slightly lower than the forecasted 4.6% increase. The increase was largely due to transport contributing 0.5% in February and 0.9% in March.

Inflation increases in March