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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

South Africa

In S.A The GOOD Party Welcomes Inflation Drop, Highlights Need for Long-Term Economic Solutions

todayNovember 21, 2024 12

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In S.A, the GOOD Party welcomes the cooling of inflation, saying this brings some relief to all South Africans. Consumer inflation dropped to 2.8-percent in October, the lowest level since June 2020. This marks a significant decrease from the 3.8-percent in September, driven primarily by a sharp month-on-month decline in fuel prices. GOOD’s secretary-general, Brett Herron, says citizens urgently need an economy that will create long-term jobs, and meaningfully address the high levels of inequality and poverty:

 

Written by: Leonard Witbeen

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