South Africa's inflation eases slightly in March
Inflation slowed to 6.3 percent from 7 percent in February. It was forecast to slow to 6.4 percent. The 7 percent inflation seen in February was the highest since May 2009.
Food and non-alcoholic beverages prices advanced 9.5 percent. Transport and education costs rose 4.5 percent and 4.6 percent respectively.
The consumer price index for goods grew 6.9 percent versus 7.9 percent a month ago. Similarly, inflation for services slowed to 5.7 percent from 6.1 percent.
Month-on-month, consumer prices climbed 0.8 percent in March, in line with expectations. ■