People talk at a booth of Eswatini during World Travel Market Africa in Cape Town, South Africa, on April 11, 2022. (Xinhua/Lyu Tianran)
South Africa's annual consumer price inflation dropped to 7.4 percent in November, down from 7.6 percent in October, the latest official data showed.
JOHANNESBURG, Dec. 15 (Xinhua) -- South Africa's annual consumer price inflation dropped to 7.4 percent in November, down from 7.6 percent in October, with food and non-alcoholic beverages, housing and utilities, transport, and miscellaneous goods and services being the main contributors, official data showed on Wednesday.
The monthly change in consumer price index (CPI), a main gauge of inflation, came in at 0.3 percent in November, lower than 0.4 percent recorded in the previous month, according to data released by Statistics South Africa.
Food and non-alcoholic beverages contributed 2.1 percentage points to the total CPI annual rate of 7.4 percent in November, while transport contributed 2.2 percentage points, the department said.
The biggest price rises in food between October and November were for frozen potato chips, broccoli and cauliflower, which rose by 6.9 percent, 10.3 percent, and 8.4 percent, respectively.
In November, the annual inflation rate for goods was 10.4 percent, down from 10.5 percent in October, while that for services was 4.5 percent, down from 4.6 percent in the previous month, the data showed. ■
