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News24 | Consumers get food price relief, but fuel pushes inflation beyond the comfort zone (opens original article in a new tab)

TL;DR

Overall inflation in South Africa rose to 4.5% in May due to fuel price increases, while food price inflation fell to 1.9%.

  • Food price inflation dropped to 1.9% in May from 2.9% in April
  • Fuel price increases drove overall inflation to 4.5% in May, above the SA Reserve Bank's 4% tolerance band
  • Goods inflation rose to 4.4% in May from 3.4% in April, while services inflation remained stable at 4.7%

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