South Africa’s September CPI Rises 3.4% Year-on-Year
Consumer inflation edged up slightly in September but remained below market forecasts, indicating moderate price pressures.
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Terms & Concepts
CPI (Consumer Price Index): A measure that examines the weighted average of prices for a basket of consumer goods and services, indicating inflation levels.
Year-on-Year: A comparison of a statistic for one period with the same period in the previous year, often used to track changes over time.