Inflation gets higher to 5.2%

According to Statistics of South Africa, inflation gets higher to 5.2% in November. In the previous period, it was approximately 5.1%.

The main part of the inflation’s increase was alcohol and tobacco that going up to 4.8%, year-by-year. Also, we can see the same situation in miscellaneous goods and services. There is increase by 5.5% year-on-year.

In November inflation for goods increased by 5.3% year-on-year, from 5.1% in October, and the inflation for services was unchanged at 5.1% year-on-year, according to Stats SA.

Rooibos tea is 18.5% more expensive than it was a year ago, according to Stats SA

 

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