Consumer inflation cools further in October

The consumer price index (CPI) increased by 2,8% in the 12 months to October 2024. This represents a sharp decline from 3,8% recorded in September. October’s print is the lowest since June 2020 (during the COVID-19 pandemic) when the rate was 2,2%. Falling fuel prices remain the primary factor behind the slowdown. Petrol and diesel prices declined … Continue reading Consumer inflation cools further in October