SA annual consumer inflation rises to 5.1% in October

Consumer price inflation rose to 5.1% year-on-year in October 2018 from 4.9% in September, Statistics South Africa said on Wednesday.

On a month-on-month basis, the consumer price index increased by 0.5% in October.

The contribution of the food and non-alcoholic beverages component to the headline annual number decreased from 0.7%age points to 0.6%age points while that of alcoholic beverages and tobacco dipped from 0.3 to 0.2%age points.

The contribution of transport increased from 1.2%age points in September to 1.5%age points in October.