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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

Inflation Drops to 3.2% Despite Monthly Increase

today18 February, 2025

Background

The local annual inflation rate eased to 3.2% in January, continuing its downward trend due to lower costs in key sectors. However, the month-on-month inflation rate saw an uptick, rising to 1.1% from 0.2% in December. Capricorn Asset Management’s Floris Bergh weighs in:

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    Inflation Drops to 3.2% Despite Monthly Increase Leonard Witbeen

 

Written by: Leonard Witbeen