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Annual inflation for April increased to 4.4%.
April consumer inflation accelerated to 4.4% year-on-year, slightly higher than the market consensus of a lift to 4.3% year-on-year.
Stats SA on Wednesday released April s figures, which is the highest reading since before lockdown.
Over the last 14 months, consumer price inflation was relatively subdued, bottoming out at 2.1% in May 2020 - this was the lowest reading in 15 years, said Stats SA s Chief Director for Price Statistics, Patrick Kelly.
April s annual inflation was mainly driven by higher transport and food prices.
#CPI inflation hit a 14-month high in April, mainly driven by rising #transport and food prices. The rate was 4,4%, up from 3,2% in March. ....

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