Inflation in South Africa accelerated to 4.6% in June

Consumer prices in South Africa rose 4.6% in June 2018 compared to the same month last year after rising 4.4% in May, according to figures from the Office for Statistics of South Africa. The acceleration of inflation in June turned out to be slower than it was expected by the economists, they had predicted a 4.8% price increase, wrote. June inflation became the strongest in 2018. Prices of food and non-alcoholic beverages rose in June by 3.4% in annual terms, transportation costs - by 7.3%. Compared to May, consumer prices rose by 0.4%, while analysts had expected an increase of 0.6%.

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