{"id":15625,"date":"2025-11-19T09:52:32","date_gmt":"2025-11-19T07:52:32","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/sa-consumer-inflation-continues-upward-path-with-reserve-banks-new-target-of-3\/"},"modified":"2026-02-27T16:27:47","modified_gmt":"2026-02-27T14:27:47","slug":"sa-consumer-inflation-continues-upward-path-with-reserve-banks-new-target-of-3","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-consumer-inflation-continues-upward-path-with-reserve-banks-new-target-of-3\/","title":{"rendered":"SA consumer inflation continues upward path with Reserve Bank&#8217;s new target of 3%"},"content":{"rendered":"<div>South Africa&#8217;s (SA) consumer inflation has continued an upward trajectory, moving further from the Reserve Bank&#8217;s new target of 3%.<\/div>\n<div>Statistics SA data shows the annual consumer price inflation was 3.6% in October, up from 3.4% in September.<\/div>\n<div>\n<p>The main contributors to the acceleration were housing and utilities, and food and non-alcoholic beverages.<\/p>\n<p>High prices in the housing and utilities category are attributed to high electricity and water supply tariffs.<\/p>\n<\/div>\n<div>Food inflation decelerated further from 4.4% previously, to 3.9% in October.<\/div>\n<div>Meat prices remain elevated, mainly as the livestock sector continues to battle animal diseases.<\/div>\n<div>Prices of hot beverages and processed food also remain high.<\/div>\n<div>The inflation reading further from the Central bank&#8217;s target, dims the chances of an interest rate cut ahead of Christmas.<\/div>\n<div><\/div>\n<div>&#8211;SABC&#8211;<\/div>\n","protected":false},"featured_media":15626,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-15625","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"SAc onsumer inflation has continued an upward trajectory","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15625\/revisions"}],"predecessor-version":[{"id":19783,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15625\/revisions\/19783"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15626"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15625"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}