Consumer price index
Food, non-alcoholic beverages price help push CPI to seven-month high
The price increases are still within targets set by the South African Reserve Bank, which aims to have the inflation rate between 3% and 6%.
South Africa's CPI has increased slightly to 2.2% for June, from 2.1% in May.
Annual CPI inflation dipped lower to 4.1% in March from February’s reading of 4.6%, according to data from Stats SA on Wednesday.
On a month-on-month basis, inflation quickened to 0.5% in September after contracting by 0.1% in August.
Economists had expected CPI to rise to 5.2% year-on-year, according to a Reuters poll.
Consumers will be paying more for electricity, water and sanitation services and can expect a petrol price hike of between 23 and 26 cents per litre from Wednesday.
South Africa’s CPI slowed to 3.8% in March, the lowest figure since January 2011, as the end of the worst drought in decades helped push down food prices.
Statistician-General Pali Lehohla says the overall weighting has been adjusted from 396 to 412 to ensure the accuracy of the index to inflation.
Statistics South Africa announced earlier that consumer inflation rose to 6.8% in December, up from 6.6% in November.
SA’s headline consumer inflation accelerated beating market expectations from 6.6% in November.
The South African Reserve Bank has left interest rates unchanged at 7% since March this year.
Stats SA says consumer price inflation has increased to 6.4% in October from 6.1% in September.
Statistics South Africa said consumer price inflation came in at 5.9% year-on-year in August.
Increases in food, petrol, electricity & interest rates are on the cards in coming months.
Core inflation edged up to 5.6 percent year-on-year in January from 5.2 percent in the previous month.
A report by Deloitte has revealed more South Africans will opt to buy food due to the tough economic times.
Stats SA will conduct a survey to measure the levels of poverty and inequality in the country.
The year-on-year increase in the consumer price index in March was slightly above expectations.
The inflation figure was higher than what economists had expected.