
SA Consumer Price Inflation slows to 4.3% in July
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Nedbank Economist Isaac Matshego breaks down South Africa’s July CPI print, which eased to 4.3% as fuel prices softened and goods inflation cooled. We unpack the drivers behind the slowdown, the stubborn pressure from housing and utilities, and what this means for consumer wallets heading into the September MPC meeting. A sharp, data‑rich look at inflation trends, monetary policy expectations, and the broader economic outlook.

