Breaking down the drop in CPI
By: Natasha Archary Image: Adobe Stock After holding steady for ten months in the 5–6% range, annual consumer price inflation (CPI) slowed to 4,6% in July from 5,1% in June. The July inflation print is the lowest in three years since July 2021, when the rate was also 4,6%. Frank Blackmore, Lead economist at KPMG, joins Gugulethu Mfuphi on Kaya Biz to break down the drop in the CPI. Implications […]