insert_link Business / Economics DA Optimistic as S.A. Food Inflation Hits 14-Year Low In S.A, the DA says it is optimistic after the latest Consumer Price Index statistics, which highlight a significant drop in food inflation to a 14-year low. Annual inflation for food and non-alcoholic beverages retreated sharply to 2.3-percent in November from 3.6-percent the previous month, the lowest rate for the category since December 2010, when it stood at 1.6-percent. The DA’s, Wendy Alexander, says they reiterate their call for the […] todayDecember 13, 2024 19
insert_link Business / Economics Inflation-cutting stalls in US as prices rise Progress on cutting inflation in the US has stalled as prices rise, according to the latest data from the US government's key metric for tracking inflation levels. The Consumer Price Index shows the monthly inflation rate and annual inflation rate each rose by 0.1 percentage points from their October levels. Kate Fisher reports todayDecember 12, 2024 17