South Africa
South Africa's inflation rate reached 7.4% in June from 6.5% in May, Statistics South Africa said Wednesday. It is the highest rate since May 2009 when the rate was 8,0%.
According to the national body, "the main contributors to the 7,4% annual inflation rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services."
Food and non-alcoholic beverages increased by 8,6% year-on-year, and contributed 1,5 percentage points to the total consumer price index annual rate of 7,4%.
Go to video
Gaza’s scarcity of cash fuels desperation, sparks unusual trade
Go to video
Semenya ruling shakes foundations of gender rules in sport
01:08
Dancehall superstar Shatta Wale urges young people to back President Mahama
01:53
SMES under pressure as business confidence hits four-year low in South Africa
01:05
Lesotho declares two-year state of disaster amid US tariff fallout
01:54
"Great economic potential in Africa": five African leaders have lunch with Trump