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South Africa's consumer price inflation fell to 4.4% in August due to lower transportation and housing costs.
In August, South Africa's consumer price inflation fell to 4.4%, the lowest in over three years, down from 4.6% in July.
This decrease is attributed to lower transportation and housing costs, with fuel prices declining for the third consecutive month.
However, food inflation rose slightly to 4.7%.
The reduction may prompt the South African Reserve Bank to cut interest rates, as it falls below the bank's target of 4.5%.
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La inflación de los precios al consumidor de Sudáfrica cayó al 4,4% en agosto debido a los menores costos de transporte y vivienda.